cash in one's chips

Meaning: (idiomatic)Todiscontinuean activity, accepting whatever gains or losses one has incurred; togive up.1913,B. M. Bower, chapter 13, inThe Gringos:"Looks like these grandees'll have tocash in their chipsand quit, but it's a darned shame."1988October 25, Andrea Adelson, “Business People: Harrah's Officer Joins Resorts International”, inNew York Times, retrieved14 June 2011:Yesterday the polo-playing executivecashed in his chipsat Harrah's to take a post with even higher stakes, agreeing to become president and chief executive of Resorts International Inc.2005June 21, Thomas McCarroll, “Corporate Raider on the Ropes”, inTime:"I am not going to stand by and watch this company bleed to death. If we can't make money, I willcash in my chips."; (idiomatic)Todie.1950January 10, H. L. MacPherson, “Another Outlaw Dies With Boots Off”, inWindsor Star, Canada, retrieved14 June 2011:A tough old hombre, unregenerate to the last,cashed in his chipsin Oklahoma City the other day.1982January 24,Evan Hunter, “Spies and Moles and Other Entertainers”, inNew York Times, retrieved14 June 2011:So what are trained readers of spy novels supposed to believe when Michaelcashes in his chipsand two strangers arrive to remove his body from the premises?2007Feb. 7, Cowboy Dan Lewis, "Two Birds, But No Stone,"Julian News(California, USA), p. 6(retrieved 14 June 2011):Two years and one month ago I broke my neck in a car accident. I made it through but just barely. I came real close tocashing in my chips.

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