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Wiktionary
cut loose

vb. 1 (context idiomatic intransitive English) To behave in an uncontrolled manner. 2 # To party without restraint. 3 # To act freely.

Wikipedia
Cut Loose

Cut Loose is Paul Rodgers' (of Free and Bad Company fame) debut solo album. Unlike his other work, Paul Rodgers plays all the instruments on this album. It was recorded at his house in Kingstone.

The song "Live In Peace" was re-recorded by his next band The Firm on their second album Mean Business. "Superstar Woman" was originally an unreleased Bad Company song and was re-recorded by Rodgers for this album. (the original version was eventually released on the Bad Company Anthology in 1999). Released in 1983, the album peaked at #135 on the Billboard's 200 chart.