Mitigate your losses

NipNip

What does that mean?

ArtyM

that
ðat,ðət/
pronoun
pronoun: that; pronoun: those

1. 1.
   used to identify a specific person or thing observed or heard by the speaker.
   "that's his wife over there"
   
   
   • referring to the more distant of two things near to the speaker (the other, if specified, being identified by ‘this’).
     "this is stronger than that"
     
     
   
   
   
   
2. 2.
   referring to a specific thing previously mentioned, known, or understood.
   "that's a good idea"
   
   
   
   
3. 3.
   used in singling out someone or something and ascribing a distinctive feature to them.
   "it is part of human nature to be attracted to that which is aesthetically pleasing"
   
   
   
   
4. 4.
   Britishinformal
   expressing strong agreement with a description just given.
   "‘He's a fussy man.’ ‘He is that.’"
   
   
   
   
5. 5.
   used to introduce a defining clause, especially one essential to identification:
   
   
   • instead of ‘which’, ‘who’, or ‘whom’
     "the woman that owns the place"
     
     
   • instead of ‘when’ after an expression of time.
     "the year that Anna was born"
     
     
   
   
   
   

determiner
determiner: that; determiner: those

1. 1.
   used to identify a specific person or thing observed or heard by the speaker.
   "look at that chap there"
   
   
   • referring to the more distant of two things near to the speaker (the other, if specified, being identified by ‘this’).
     
     
   
   
   
   
2. 2.
   referring to a specific thing previously mentioned, known, or understood.
   "he lived in Mysore at that time"
   
   
   
   
3. 3.
   used in singling out someone or something and ascribing a distinctive feature to them.
   "I have always envied those people who make their own bread"
   
   
   
   
4. 4.
   referring to a specific person or thing assumed as understood or familiar to the person being addressed.
   "where is that son of yours?"
   
   
   
   

adverb
adverb: that

1. 1.
   to such a degree; so.
   "I wouldn't go that far"
   
   
   • used with a gesture to indicate size.
     "it was that big, perhaps even bigger"
     
     
   • informal
     very.
     "I couldn't get out of the house fast enough, I was that embarrassed!"
     
     
   
   
   
   

conjunction
conjunction: that

1. 1.
   introducing a subordinate clause expressing a statement or hypothesis.
   "she said that she was satisfied"
   
   
   • expressing a reason or cause.
     "he seemed pleased that I wanted to continue"
     
     
   • expressing a result.
     "she was so tired that she couldn't think"
     
     
   • expressing a purpose, hope, or intention.
     "we pray that the coming year may be a year of peace"
     
     
   
   
   
   
2. 2.
   literary
   expressing a wish or regret.
   "oh that he could be restored to health"
   
   
   
   

NipNip

You actually googled that? You be bored man!

Bang_Bang

NipNip wrote: »

You actually googled that? You be bored man!

What's worse is that the OP didn't google it, he logged in here and started a thread!?!

Tail Docker

Close the thread, better than letting it run - you can mitigate your losses Nip Nip

NipNip

You see - I know what I interpret it to mean. It has been used in the following sentence however:

'We note that you have failed, refused and neglected to take the reasonable approach and to mitigate your losses herein'.

Now to me, that doesn't read right!!! lol

NipNip

Or maybe they're trying to say that had I taken a different approach, I would have mitigated my losses?

catallus

I'll bring the lighter, you bring the petrol OP, and we'll burn those banks to the ground!!!!:mad::mad::mad:

dxhound2005

NipNip wrote: »

You see - I know what I interpret it to mean. It has been used in the following sentence however:

'We note that you have failed, refused and neglected to take the reasonable approach and to mitigate your losses herein'.

Now to me, that doesn't read right!!! lol

Seems OK to me.

http://www.theguardian.com/money/2005/nov/03/yourrights.legal

Mitigate your loss is a legal term meaning keep your losses to a minimum. So even if you are the innocent victim of a breach of contract you are under a duty to keep your losses down.

NipNip

dxhound2005 wrote: »

Seems OK to me.

http://www.theguardian.com/money/2005/nov/03/yourrights.legal

Mitigate your loss is a legal term meaning keep your losses to a minimum. So even if you are the innocent victim of a breach of contract you are under a duty to keep your losses down.

That makes sense. Doesn't make much sense in the particular context, however, but I'll defer to meaningless legal schpake!!!