to cut one's losses
01
to no longer partake in a failing business, activity, etc. to prevent further damage or losses
![to [cut] {one's} losses definition and meaning](https://cdn.langeek.co/photo/45281/original/?type=jpeg "to [cut] {one's} losses definition and meaning")
Idiom
Informal
例
The business was struggling for years, and they finally decided to cut their losses and close it down.
He sold his stocks when he saw that their value was declining consistently, deciding to cut his losses rather than risk further depreciation.
