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3. cut losses

cut losses

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cut one's losses

to do something to stop a loss of something. I knew I had to do something to cut my losses, but it was almost too late. Sell some of the high-priced stuff to cut your losses.

See also: cut, loss

cut your losses

to stop wasting time or money on something by ending your connection to it When a project is failing, you've got to learn to cut your losses and move on.

See also: cut, loss

cut your losses

to stop doing something that is already failing in order to reduce the amount of time or money that is being wasted on it I wasn't benefiting from the course and it was costing so much that I thought I'd better cut my losses.

See also: cut, loss

cut (one's) losses

To withdraw from a losing situation.

See also: cut, loss