Question

cut one’s losses As I see, the project is heading towards failure. Let’s cut our losses before it’s too late.

Accepted Answer

If you end or withdraw from something that is already failing, in order to reduce the loss of money, time or effort invested in it, you cut your losses.

Phrase/Idiom	cut one’s losses
Definition	If you end or withdraw from something that is already failing, in order to reduce the loss of money, time or effort invested in it, you cut your losses.
Example	As I see, the project is heading towards failure. Let’s cut our losses before it’s too late.

Cut Losses One’s End Withdraw Failing Order Reduce