Definition, Meaning & Synonyms
cut-your-losses
idiomatic expression
/kʌt jʊər ˈlɔːsɪz/
Definition
To stop investing in a failing situation to prevent further losses.
Examples
- After realizing the project would not succeed, he decided to cut his losses and move on to a new venture.
- In investments, it’s often wise to cut your losses rather than holding onto a stock that’s plummeting.
- When the team was consistently losing matches, the coach decided to cut his losses and rebuild the squad.
Meaning
It means to stop trying to pursue something that isn’t working out and accept the loss rather than continuing to lose more time or resources.
Synonyms
- walk away
- abandon ship
- give up
- pull the plug
