cut one's losses

Quit while behind

To cut one's losses is to abandon a failing course of action before things get worse.

The phrase comes from trading—selling a declining investment rather than hoping it recovers.

More broadly, it means accepting a partial loss to prevent a total one: After three failed attempts, she decided to cut her losses and try a different approach.

The decision involves recognizing when persistence becomes foolish.

Related

mitigation · retreat · release · acceptance · throw in the towel · detachment · move on · walk away · planning · pivoting · efficiency · contingency · damage control · investment · escape · sunk cost · prioritization · liquidation

Opposites
risk response strategy

cut one's lossesdouble down

Strengthen one's stance

throw good money after bad · go all in · bet the farm · go for broke · raise the stakes

persistence vs. withdrawal

cut one's lossesstay the course

Continue despite difficulties

soldier on · press on regardless · keep at it · see it through · never say die

emotional response to setbacks

cut one's lossesnever say die

Refusal to surrender

hang on · sunk cost fallacy · beat a dead horse · keep the faith

Family

cuts, cutting, cutter, cutters, ones, oneself, loss, losses, lose

Familiarity
Top 100,000
Profile
Used worldwide · Timeless · Abstract · Everyday, not technical · Rated G