Examples

他俩打架打急了眼，一直打到一方把另一方开瓢儿，才罢手。

They were greatly enraged in their fight and didn't stop until one hurt the other's head.

罢手。

不干出成绩，决不罢手。

to cut one's losses

赶紧罢手以免更大损失

let's call it quits

让我们就此罢手

Even though he kept losing, he didn't chuck in his cards until he lost everything.

虽然一直输，可是他不肯罢手，直到输得精光。