To reduce them, by stopping an unsuccessful, risky, or foolish venture before you lose any more than you have lost already.
Have you ever heard the phrase "throwing good money after bad"?
It means continuing to waste money after you should have realized you were involved in a losing proposition.
Same idea.
2006-10-14 23:13:10
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answer #1
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answered by zen 7
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Cut Your Losses Quote
2016-12-29 21:30:51
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answer #2
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answered by ? 3
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It means get out even when you have lost money in the investment in shares or in other financial venture so that you will not lose more. Some people suggest that after losing a certain percent, say 5% or whatever value, depending on many different considerations, you should get out.
2006-10-14 23:19:45
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answer #3
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answered by Jacob Gan 2
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It means to walk away from a situation before it costs you even more, whether emotionally, financially, etc. To stop the drain on your energy, to cut off your potential further loss- i.e., to 'cut your losses'.
2006-10-14 23:13:16
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answer #4
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answered by Anonymous
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It means that if you are involved in doing something and you finally determine that it is costing you more than what you anticipated and wil end up costing more.. then you decide to cut your losses and stop what you are doing before you spend more and still end up with nothing
2006-10-15 04:25:49
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answer #5
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answered by Richard K 2
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Sometimes we win and sometimes we lose. When we win we can rejoice, but when we lose we let it go and move on. We "cut our losses". It's over so we need to forget about it.
That would be a little like saying "Don't cry over spilled milk".
2006-10-15 10:02:53
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answer #6
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answered by Bethany 6
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Hmmm. Reminds me of the fishing trips I used to go on with dad.
Sometimes the line would snag on some timber deep in the water, and bringing out his pocketknife he'd say, "cut the line".
2006-10-15 15:36:05
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answer #7
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answered by Zeera 7
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it means you can't win so write off whatever money or time you've put in because you'll never be compensated and to stay in will cost you more, so cut your losses and get out.
2006-10-14 23:14:37
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answer #8
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answered by Anonymous
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you may have lost something in this progression but if you don't stop now you may lose more than you want. Cut away, forget what you have lost and continue on a separate path from here. you can't regain what you have lost so far.
2006-10-14 23:15:35
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answer #9
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answered by benzhowz 3
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Cutting meaning demi lovato was cutting her wrists to make herself feel better (some ppl call it emo, short for emotional.)
2016-03-17 04:46:51
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answer #10
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answered by Anonymous
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