cut one’s 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
Farlex Dictionary of Idioms. © 2015 Farlex, Inc, all rights reserved.

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
McGraw-Hill's Dictionary of American Slang and Colloquial Expressions Copyright © 2006 by The McGraw-Hill Companies, Inc. All rights reserved.
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