bleed in WordNet English dictionary

1. lose blood from one's body
   shed blood  bleed  hemorrhage 
   
2. draw blood
   "In the old days, doctors routinely bled patients as part of the treatment"
   bleed  leech  phlebotomize  phlebotomise 
   
3. drain of liquid or steam
   "bleed the radiators"; "the mechanic bled the engine"
   bleed 
   
4. be diffused
   "These dyes and colors are guaranteed not to run"
   run  bleed 
   
5. get or extort (money or other possessions) from someone
   "They bled me dry--I have nothing left!"
   bleed