#4 haemorrhaging cash
What is the meaning of "haemorrhaging cash"?
"His media empire, which included the Daily Mirror, Macmillan Publishing and the New York
Daily News, was haemorrhaging cash. In a desperate attempt to staunch the losses, Maxwell (played
by David Suchet) started to raid the pension funds of his companies, stealing about £500,000."
Thank you!

Question

#4 haemorrhaging cash
What is the meaning of "haemorrhaging cash"?
"His media empire, which included the Daily Mirror, Macmillan Publishing and the New York 
Daily News, was haemorrhaging cash. In a desperate attempt to staunch the losses, Maxwell (played 
by David Suchet) started to raid the pension funds of his companies, stealing about £500,000."
Thank you!

Answer

It means losing cash or money uncontrollably. Like a hemorrhage, a dangerous an dstrong loss of blood.

Verpassen Sie nicht die Gelegenheit, bequem von zu Hause aus eine Sprache zu lernen. Stöbern Sie in unserer Auswahl an erfahrenen Sprachlehrern und melden Sie sich jetzt zu Ihrer ersten Unterrichtsstunde an!