To choose between taking action now, or forgoing the opportunity and putting that energy into another endeavor; to decide.
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It's time to fish or cut bait: either we buy this house now, or we must start looking for another one.

Submitted on September 01, 2009

Additional definitions for 'fish or cut bait':

Fish or Cut BaitEither do something or let others do without delaying, to finally make a choice
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Translation

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ловить рыбу или нарезать наживку

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    "fish or cut bait." Phrases.com. STANDS4 LLC, 2022. Web. 27 Nov. 2022. <https://www.phrases.com/phrase/fish-or-cut-bait_3626>.

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