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cutting your losses

to extricate yourself from an impossible situation, where there is very little or no hope for improvement.

similiar to cashing in your chips, however, when one cuts their losses, it usually means that they are walking away with nothing to show for their efforts, and are getting out before they have to endure even more loss.
cutting your losses:

The U.S. Government eventually decided to cut its losses with regard to the Vietnam War, and by the early 1970s withdrew all of its military forces from Southeast Asia.
by Bungalow Bill October 13, 2005
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Cuttin It Up

This phrase originated in the Bay Area by Husalah of the Mob Figaz. It means to gig, turf, go hard, or simply dance at the club. Usually off a pill or two.
"They asked me what happen, when he got shot i was dancing. I was giggin cutty, cuttin it up."
by OG tripple OG August 11, 2007
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Related Words

Diarrhea Cutter

An anus.
Stupid random woman- "Hey look it's my dog."

Stupid random woman- "Lets rub the dog's belly."

Stupid random woman- "Hmmmm my dog is acting strange oh I know let's check his diarrhea cutter!"

Intelligent dog- "Oh man here it comes !"

Stupid random woman- "HOLY DIARRHEA CUTTER, LIQUEFIED FECES IS EVERYWHERE AND MY WHOLE $1 PRE-WORN SHIRT IS RUINED ! NOW I HAVE TO SPEND THE NEXT 20 YEARS POWER WASHING ALL PARTS OF MY MOUTH !"
by Cheeseball Alcatraz September 24, 2021
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how's she cutting?

A:yeo bai how's she cutting?
B:aw like a new blade lawd
by chickensnot June 13, 2018
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GOT SOME CUTTY

Rashad is a New New man, He got some cutty last night -ATL-
by DA BIG DOGG July 30, 2007
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Wire Cutter

When you walk in on your buddy getting his dick scked by your girlfriend and you hit her in the jaw with first or foot causing her to bite down on said friends dick therfore cutting his wire.
I walked fucking walked in on my bitch giving head to my best friend and I gave em' the old wire cutter.
by The Dorm Room July 13, 2011
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turd cutter

Not just the sphincter, but the ass as as whole. Real popular in Maine.
Now SHE has a nice turd cutter!
by P-Dub October 31, 2003
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