cut one's losses

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).


Nearby words

  1. cut no ice,
  2. cut of one's jib,
  3. cut off,
  4. cut off one's nose to spite one's face,
  5. cut off with a shilling,
  6. cut one's teeth on,
  7. cut out,
  8. cut out of whole cloth,
  9. cut plug,
  10. cut rate

The American Heritage® Idioms Dictionary Copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.