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cut one's losses

Definition from Dictionary, a free dictionary
Every revolutionary idea seems to evoke three stages of reaction. They may be summed up by the phrases: (1) It's completely impossible. (2) It's possible, but it's not worth doing. (3) I said it was a good idea all along.
Arthur C. Clarke
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English

Verb

Infinitive
to cut one's losses

Third person singular
cuts one's losses

Simple past
cut one's losses

Past participle
-

Present participle
cutting one's losses

to cut one's losses (third-person singular simple present cuts one's losses, present participle cutting one's losses, simple past and past participle cut one's losses)
  1. To discontinue an effort that seems unlikely ever to bear fruit.

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