cash in one's chips

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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!
See also: cash, chip
Farlex Dictionary of Idioms. © 2015 Farlex, Inc, all rights reserved.

cash in (one’s) chips

and cash in (one’s) checks
tv. to die; to finish the game (of life). He opened his eyes, said good-bye, and cashed in his chips. The cowboy sighed softly and cashed in his checks.
See also: cash, chip
McGraw-Hill's Dictionary of American Slang and Colloquial Expressions Copyright © 2006 by The McGraw-Hill Companies, Inc. All rights reserved.