cut one's losses

idiom

Definition of cut one's losses

: to stop an activity, business, etc., that is failing in order to prevent more losses or damage With the economy continuing to do poorly, many investors decided to cut their losses and sell their stocks.

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“Cut one's losses.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/cut%20one%27s%20losses. Accessed 16 Jan. 2021.

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