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cut one's losses

To abandon an unproductive pursuit or leave a failing situation before it gets worse

Etymology:

  • Originating in the business and finance scene, the expression dates back to the early days of the London Stock Exchange and is attributed to the classic influential British economist David Ricardo.
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Rob's been trying for weeks to amend things with Jason, but Jason continues to fight and resist, so Rob is cutting his losses.

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Submitted by JokerGem on May 30, 2024

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Nearby phrases

Some more phrases from our dictionary similar to cut one's losses

cut one's coat according to one's clothcut offcut like a knifecut somebody some slackcut the crapcut someone loosecut outcut no icecut shortcut off one's nose to spite one's facecut of one's jibcut red tapecut the linecut off

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    "cut one's losses." Phrases.com. STANDS4 LLC, 2024. Web. 27 Jul 2024. <https://www.phrases.com/phrase/cut-one's-losses_64311>.

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