cut losses

Also found in: Dictionary, Thesaurus, Medical, Legal, Encyclopedia.

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
Farlex Dictionary of Idioms. © 2022 Farlex, Inc, all rights reserved.

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
McGraw-Hill Dictionary of American Idioms and Phrasal Verbs. © 2002 by The McGraw-Hill Companies, Inc.

cut (one's) losses

To withdraw from a losing situation.
See also: cut, loss
American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.
See also:
References in periodicals archive ?
But EasyJet's shares were up almost 6 per cent or 67p to 1197p, as it took advantage of Britons fleeing the winter deep freeze and rivals' retreat to cut losses by 46 per cent to PS61million during the six months to the end of March.
Villa's chief financial officer Robin Russell said: "By managing costs effectively, the club cut losses by more than half during a period which continued to be challenging economically.
Some investors also placed orders to cut losses, accelerating the currency's fall," said Masafumi Yamamoto, chief foreign exchange strategist at Barclays Bank, Japan.
stocks cut losses late in Wednesday's trading session, with two key indexes barely squeaking into positive territory on the strength of surging commodities prices and the shares of companies that produce them.
Net Payne, chief marketing officer for March Networks, said, 'Our Searchlight software applications help banks sift quickly through vast amounts of video and transaction data to find the exact information they need to combat fraud and cut losses dramatically.'
presence to cut losses. In October, the company said it planned to close 189 locations, about 21 percent of its Gap stores in the U.S., by the end of 2013.
It may be mentioned, in April 2010, the Pakistan Electric Power Company (PEPCO) Director General Muhammad Khalid had urged the government to observe two public holidays in a week to mitigate power outages and cut losses being incurred by the country's industrial sector.
Its restructuring efforts, which have included the closure of loss-making stores, helped cut losses to pounds 5.3m from pounds 43.6m in the year to February 26, but Blacks admitted that recent trading had been difficult.
Its restructuring efforts, which have included the closure of loss-making stores, helped cut losses to pounds 5.3m from pounds 43.6m in the year to February 26 but with the current dry spell adding to pressure on the high street, Blacks said sales levels were below expectations.
KUWAIT CITY: Global Investment House, which is restructuring $1.73 million of debt, said its 2010 net loss narrowed as the Kuwait-based company cut losses in investment banking, and brokerage and interest payments declined.
This replacement will start this year and will allow to cut losses by half, the Severelectro Director General said."We received lots of complaints from consumers about low voltage.
Managem cut losses thanks to rising world metals prices and increased output at its mines.
The cash comes as a reward for helping the troubled bank cut losses from pounds 1.36bn in 2008 to pounds 257m in 2009.
The global unveiling of Figo in India comes at a time when Ford is struggling to cut losses worldwide and adopted a global strategy called ' One Ford' under which it will use the same global platforms to generate various products in different markets.
Summary: <p>Chinese industrial output and other economic data surprised on the upside in August, suggesting its recovery is on a solid course but not so late strong that Beijing will need to hit the policy brakes anytime soon.AaAsian shares edged up as the data supported regional recovery hopes, while the Australian dollar cut losses against the dollar and yen and oil prices rose above $72 a barrel.