Tea Break Business English Podcast 05

Posted by Alex on Oct 5, 2011 in Featured | Comments Off

Today’s podcast focuses on the phrase:

to cut one’s losses / 損する前に損する事業(取引)を中止する

To cut one’s losses is to do something to stop losing money.

Let’s looks at some examples:

Ex.1
The product was not selling, so we decided to cut our losses and stop producing it

Ex.2
The corporation decided to cut it’s losses and sold off its unprofitable businesses.

Ex.3
This project is failing, we need to cut our losses, cancel it and move on.