The Collaborative International Dictionary of English v.0.48:

Bleed \Bleed\, v. i. [imp. & p. p. Bled; p. pr. & vb. n.
   Bleeding.] [OE. bleden, AS. bl?dan, fr. bl?d blood; akin to
   Sw. bl["o]da, Dan. bl["o]de, D. bloeden, G. bluten. See
   Blood.]
   1. To emit blood; to lose blood; to run with blood, by
      whatever means; as, the arm bleeds; the wound bled freely;
      to bleed at the nose.
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   2. To withdraw blood from the body; to let blood; as, Dr. A.
      bleeds in fevers.
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   3. To lose or shed one's blood, as in case of a violent death
      or severe wounds; to die by violence. "C[ae]sar must
      bleed." --Shak.
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            The lamb thy riot dooms to bleed to-day. --Pope.
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   4. To issue forth, or drop, as blood from an incision.
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            For me the balm shall bleed.          --Pope.
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   5. To lose sap, gum, or juice; as, a tree or a vine bleeds
      when tapped or wounded.
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   6. To pay or lose money; to have money drawn or extorted; as,
      to bleed freely for a cause. [Colloq.]
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   To make the heart bleed, to cause extreme pain, as from
      sympathy or pity.
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The Collaborative International Dictionary of English v.0.48:

Bleed \Bleed\, v. t.
   1. To let blood from; to take or draw blood from, as by
      opening a vein.
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   2. To lose, as blood; to emit or let drop, as sap.
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            A decaying pine of stately size, bleeding amber.
                                                  --H. Miller.
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   3. To draw money from (one); to induce to pay; as, they bled
      him freely for this fund. [Colloq.]
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WordNet (r) 3.0 (2006):

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