#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.

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