cash in (one's) chips(redirected from cashed in my chips)
cash in (one's) chips
1. To exchange one's chips (small discs used to represent money in some betting games, like poker) for money when one is done playing a game. I think I'm going to quit while I'm ahead and cash in my chips.
2. By extension, to stop participating in any gathering or activity. Well, it's been fun, fellas, but it's time for me to cash in my chips.
3. To leave a gathering and/or go to bed. I have to be up early tomorrow, so I'm going to cash in my chips.
4. To die. We were so lucky to avoid that massive accident—we could have cashed in our chips!
cash in your chips
If you cash in your chips, you sell something, such as your investments, in order to raise money. Note: In the following expressions `chips' are the coloured tokens or counters which are used to represent money in casinos. Many investors picked up the phone yesterday, but most decided not to cash in their chips after all. Note: In a casino, if you cash in your chips, you exchange them for money at the end of a gambling session.