cut (one's) losses

(redirected from cut their 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 ?
Tottenham are determined to cut their losses on their dead wood, with boss Mauricio Pochettino keen to clear the decks to bring in his own players.
In a surprise move, the london investors cut their losses by flogging 4,265,000 shares at just 20p each to a mystery buyer.
Pardew has made it clear to his own board that he would welcome the return of the big Geordie striker, now it appears to be down to whether the Americanowned Kop club are prepared to cut their losses and move on.
Real Madrid are prepared to cut their losses on the 28-year-old (right) who has endured a miserable time at the Spanish giants, partly through injury, after shunning City in June 2009 for the Bernabeu in a EUR60million move from AC Milan.
They join several other clubs from the region to cut their losses with Newbold doing likewise to Attleborough and fielding just one side in Single Teams One.
I would suggest that the US Department of Justice would do better to let this case drop, cut their losses and award Gary a medal for highlighting their vulnerability, thus giving the security department breathing space to tighten up.
When some people go out of business, they cut their losses. Corinn Michaels is not one of these people.
Instead of crying foul, officials should now cut their losses.
This guide helps salespeople develop the skill and judgment to know when to pursue a prospect all the way to customer status, and when to cut their losses and move on.
It is expected Leeds will ultimately cut their losses on Mills and grant him a free transfer as he is one of the most highly-paid players on the Elland Road books.
But Villa have decided to cut their losses and run, with Ellis no doubt ruing the day he ever allowed Gregory to persuade him to go out and purchase an unknown from the Balkans.
When the White House's illegal intrigue (which sounds amazingly like a Ronald Reagan-Ollie North production) threatens to blow up in the president's face, his aides cut their losses by abandoning the American troops and their local liaison (Willem Dafoe) and putting the blame on Ford.
Consider a sublease, because sublessors are often more motivated to make a deal than landlords are; landlords are concerned about an asset's overall value, which is determined by the rent roll, while sublessors simply want to cut their losses and transfer space.
Shares in Carphone Warehouse face a rocky ride today as investors make up their minds whether to cut their losses as a three-month lock-in period ends.
Those got with Forest and Rovers and never availed themselves of the opportunity to cut their losses are now looking at colossal losses.