bleed
verb [ I or T ]
uk/bliːd/ us FINANCE, ACCOUNTING
to lose a lot of money, or to make this happen:
The newspaper is bleeding money and is now almost €150 million in the red.
bleed sth from sth The energy crisis is estimated to be bleeding $1.4 billion a month from the region's economy.
bleed sb/sth dry
disapproving
to take all or most of the money of a person, organization, country, etc.:
Unfair trade bleeds countries dry through repayments of national debts.