cut one's losses

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Idioms and Phrases

Withdraw from a losing situation, as in They decided to close down the unprofitable branch and cut their losses . This expression uses cut in the sense of “reduce” (also see cut down , def. 2).

Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023

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