cut one's losses

Withdraw from a losing situation, as in They decided to close down the unprofitable branch and cut their losses. This expression uses cut in the sense of "reduce" (also see cut down, def. 2).

Common Names:

Name	Pronounced	Usage
GÉZa	-	Hungarian
Ciriaco	chee-ree-AH-ko (Italian), thee-ree-AH-ko (Spanish), see-ree-AH-ko (Latin American Spanish)	Italian, Spanish
Mcgill	[mə'gil]
Royal	['rɔiəl]
Galit	-	Hebrew
Shena	SHEE-nə	English (Modern)