What is Cutting Your Losses?
1.
to extricate yourself from an impossible situation, where there is very little or no hope for improvement.
similiar to
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.
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1.
1) the worst case option
2) the course of action when all else fails
3) the final frontier
1) With the game on the line, Coach Peters..