Haemorrhage definitions

(pathology) A heavy release of blood within or from a body.

We got news that he died of a haemorrhage!

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(figuratively) A sudden or significant loss.
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(intransitive) To bleed copiously.

It’s haemorrhaging now!

verb
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(figuratively) To lose (something) in copious and detrimental quantities.

The company haemorrhaged money until eventually it went bankrupt.

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Origin of haemorrhage

From Latin haemorrhagia, from Ancient Greek αἱμορραγία (haimorrhagia, “a violent bleeding”), from αἱμορραγής (haimorrhagēs, “bleeding violently”), from αἷμα (haima, “blood”) + -ραγία (-ragia), from ῥηγνύναι (rhēgnunai, “to break, burst”).