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cut your losses
what does it mean when someone says cut your losses. or something says cut your losses, you've waited long enough.
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It means that you realize what you want to happen isn't going to happen, so you accept it and move on.
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It means to accept the fact that things aren't gonna go the way you want... and don't spend any more time trying for it... just put it behind you and move on.
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"cut one's losses
Withdraw from a losing situation, as in They decided to close down the unprofitable branch and cut their losses."
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