to bleed red ink
- idiom
- Informal
- They filed their 11-day pre-election report, and it's bleeding red ink.
Examples
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Many companies are struggling and continue to bleed red ink every quarter.
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The small startup is unable to generate profits and has been bleeding red ink since its launch.
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Due to high expenses and low revenue, the business is expected to bleed red ink for the foreseeable future.
Synonyms
To lose a lot of money over time
Antonyms
How Costly
Surface Forms
Morphology
The verb 'bleed' conveys loss and 'red ink' is an accounting metaphor for being in the red (losing money), so the phrase links metaphorically to financial loss. However, the accounting sense of 'red ink' is jargonistic and not directly derivable from the literal meanings of 'red' and 'ink', so a B1 learner who knows the words but hasn't seen the idiom would likely not fully predict the meaning.
Etymology
The phrase bleed red ink comes from old account books where people wrote losses in red ink. When a company was losing money it looked as if the pages were bleeding red, so the phrase now means 'to lose money'.