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