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Related to cutting losses: at first, cut a figure

TO CUT, crim. law. To wound with an instrument having a sharp edge. 1 Russ. on Cr. 577. Vide To Stab; Wound.

A Law Dictionary, Adapted to the Constitution and Laws of the United States. By John Bouvier. Published 1856.
References in periodicals archive ?
VIX equity volatility probed 1-month lows of 9.32 earlier before finding traction and cutting losses to -1.4% at 9.59.
Similar improvements on cutting losses in other areas have yielded significant savings.
Spot gold fell as much as 1.4 percent to a one-week low of $1,182.05 an ounce, slightly cutting losses to trade down one per cent at $1,187 by 1410GMT.