quits

American  

[kwits] / kwɪts /

adjective

1. on equal terms by repayment or retaliation.

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idioms

1. call it quits,

   1. to end one's activity, especially temporarily.

      At 10 o'clock I decided to call it quits for the day.

   2. to abandon an effort.

2. cry quits, to agree to end competition and consider both sides equal.

   It became too dark to continue play and they decided to cry quits.

quits British  

/ kwɪts /

adjective

1. on an equal footing; even

   now we are quits

2. to agree to end a dispute, contest, etc, agreeing that honours are even

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interjection

1. an exclamation indicating willingness to give up

Usage

What else does quits mean? If someone quits or calls it quits, they abruptly leave or give up on something, especially leaving a job, relationship, or game.

Etymology

Origin of quits

1470–80; perhaps < Medieval Latin quittus quit ¹

Example Sentences

Yet it’s too early to call it quits, with oil demand expected to keep growing for a while longer.

From The Wall Street Journal

The low level of quits, on the other hand, is probably driven by workers’ sense that the labor market is fragile.

From The Wall Street Journal

Lucy suggests watching for a "tipping point" as a sign to call it quits.

From BBC

After being broken in the third set, he immediately called for the trainer and, after a valiant attempt at his next service game, called it quits.

From BBC

While job openings appeared to stabilize in October, quits have fallen, pointing to ongoing loosening.

From MarketWatch