bleeding a project
Definition
The act of charging excessive fees and other expenses on a project in order to inflate the price. Also can include placing family members on an organization's payroll in order to "bleed" off as much money as possible. Can also be defined in terms of rental property whereby the property owner refuses to make ordinary repairs or replacements for the purpose of taking as much cash flow as possible from the property, yet with a resulting deterioration of the property.
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