Bleed

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Bleed

1. To lose money in a venture or investment over time. Bleeding may occur fast or slowly, but never improves. See also: Stop the bleeding.

2. To extract an excessively high price in a transaction or venture under threat of force or some other harm. Bleeding in this sense is illegal.
References in periodicals archive ?
It's expensive, but treating obesityrelated illnesses such as heart disease, cancer, diabetes and depression is more expensive - bleeding dry half a billion pounds of taxes every year.
What is the point hoping to inspire more people to take up sport by watching the Olympics but systematically bleeding dry the base of the performance pyramid?
For behind the smiles she was slowly bleeding dry the bank accounts of the terminally-ill and mentally handicapped in her care.