cut one's losses
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.
Word by Word Definitions
: to penetrate with or as if with an edged instrument
: to hurt the feelings of
: to strike sharply with a cutting effect
: a product of cutting: such as
: an opening made with an edged instrument
: a wound made by something sharp : gash
: marked by a well-developed and highly defined musculature
: destruction, ruin
: the act of losing possession : deprivation
: the harm or privation resulting from loss or separation
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