Definition, Meaning & Synonyms
cut one's losses
idiom
/kʌt wʌnz ˈlɔsɪz/
Definition
To stop doing something that is unprofitable or not beneficial to prevent further loss.
Examples
- After realizing the project was doomed, she decided to cut her losses and move on to other opportunities.
- The company had to cut its losses after the failed merger.
Meaning
This phrase is often used in business and financial contexts, indicating that a person or organization decides to stop engaging in an activity that is causing them to lose money or resources, thereby limiting additional losses.
Synonyms
- Limit the damage
- Stop the bleeding
- Withdraw