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English definition of “haemorrhage”

haemorrhage

verb [I or T]     /ˈhemərɪdʒ/ UK ( US hemorrhage)
to lose a large amount of money or large numbers of customers, jobs, etc.: The leisure and hospitality industry hemorrhaged 10,000 jobs and the manufacturing sector lost 6,000. to haemorrhage cash/staff/customers
haemorrhage red ink to lose a lot of money in a short period of time: Buffeted by Japanese and Korean competition, U.S. carmakers hemorrhage red ink like stuck pigs.
(Definition of haemorrhage verb from the Cambridge Business English Dictionary © Cambridge University Press)
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