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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.

Submitted by JokerGem on May 30, 2024

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    "cut one's losses." Phrases.com. STANDS4 LLC, 2024. Web. 12 Jun 2024. <https://www.phrases.com/phrase/cut-one's-losses_64311>.

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