cut (one's) losses

(redirected from cut his losses)

cut (one's) losses

To stop an action that has resulted in loss or failure or leave a failing situation before it gets worse. Man, this venture is going nowhere—I think we're better off cutting our losses than agreeing to rent this space for another year.
See also: cut, loss

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 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).
See also: cut, loss

cut your losses

COMMON If you cut your losses, you decide to stop spending time, energy, or money on an activity or situation on which you have already spent a lot without having any success. Competition in the market was so strong, we decided to cut our losses and close the business. Only you can decide if you should push on to the end of your degree or cut your losses and get out.
See also: cut, loss

cut your losses

abandon an enterprise or course of action that is clearly going to be unprofitable or unsuccessful before you suffer too much loss or harm.
The sense of cut here is probably ‘sever yourself from’ rather than ‘reduce in size’.
1991 Jane Smiley A Thousand Acres Ginny is eternally hopeful, you know. She never cuts her losses. She always thinks things could change.
See also: cut, loss

cut your ˈlosses

stop doing something that is not successful before the situation becomes even worse: When our rent went up we decided to cut our losses and close the store.
See also: cut, loss

cut one’s losses

tv. 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.
See also: cut, loss

cut (one's) losses

To withdraw from a losing situation.
See also: cut, loss
References in periodicals archive ?
JOHN Swinney was yesterday told to "cut his losses" and ditch controversial tests for P1 pupils.
Owen wants to cut his ties to Phelan, back out of their property deal and cut his losses. But Phelan has the whole attack on CCTV which means he also has Owen and Gary over a barrel - and as far as he's concerned, they're not going anywhere.
IDS should admit defeat, cut his losses, and scrap it now.
O'Neill is ready to cut his losses and Shorey could well be heading back to the Royals in a cut-price deal.
Stunned Ashley is now said to be keen to cut his losses and sell.
Time for Rafa to cut his losses in the deal and walk away from this and spend the money left on a top class pounds 18-20mwinger/creative player.
King only joined Wigan in January but manager Steve Bruce seems prepared to cut his losses on the player after just one goal in 15 appearances following his pounds 4million move from Watford.
The Republic of Ireland striker has one year left on his contract but may have to cut his losses in his quest for regular first-team football.
The German could have been tempted to cut his losses when he was approached by the Turkish football association.
Now he's ready to cut his losses and join his first boss at Dundee, Jim Duffy, who is No.2 to Portsmouth boss Graham Rix.
I doubt he will just shrug, cut his losses and jump into bed with you again.
Ibrox boss Walter Smith would be prepared to cut his losses on the player who earns pounds 12,000 a week and has struggled to get into the first team after returning from a long-term ankle injury.
CHELSEA chief executive Peter Kenyon is resigned to losing Didier Drogba this summer - and is ready to cut his losses with fellow striker Andriy Shevchenko.
I also think Little should probably cut his losses and go.
On Tuesday he appeared to cut his losses by signing for Irish League soccer side Limavady United.