Definitions

from The American Heritage® Dictionary of the English Language, 4th Edition

  • adj. On even terms with by payment or requital: I am finally quits with the loan.

from Wiktionary, Creative Commons Attribution/Share-Alike License

  • adj. On equal monetary terms; neither owing or being owed.
  • v. Third-person singular simple present indicative form of quit.

from the GNU version of the Collaborative International Dictionary of English

  • interj. See the Note under quit, a.

from The Century Dictionary and Cyclopedia

  • n. See quit, a.

from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.

  • adj. on equal terms by payment or requital

Etymologies

Middle English, probably alteration (influenced by Medieval Latin quittus, quītus, past participle of quītāre, to free) of quit, rid of a debt, from Old French quiter; see quit.
(American Heritage® Dictionary of the English Language, Fourth Edition)

Examples

  • The recent decision by four veteran House Democrats to call it quits is raising questions about whether more will soon follow as the 2010 political climate grows more threatening in the midterm congressional elections, a year when government and business forecasters are predicting high unemployment and a slow economic recovery.

    POLITICAL HOT TOPICS: December 22, 2009

  • When small press magazines call it quits or when corporations drum out publications to fill a profit margin.

    Damn it...part deux.

  • Guiding Light to go dark -- The longest-running soap opera will call it quits in September.

    Short Takes

  • Palin quits a real job and is now prostituting herself for what $12 million and counting?

    Saturday spotlight on Michigan

  • If Brown wins on Tuesday I expect by end of the week at least 10 Democrats will call it quits

    Yes, Earl Pomeroy (D, ND-AL). Why DON’T you retire? - Moe_Lane’s blog - RedState

  • Is Sen. Barbara Mikulski (D-MD) about to call it quits too??

    2010 SEN +4 to +8 R at this point… | RedState

  • Around noontime, I thought I'd call it quits -- people were shooting at pine cones and whatever moved or didn't move.

    The Best Camo for Hunting Away from Home

  • I've been reading three books simultaneously that are doing nothing for me and need to call it quits on all of them so that I can enjoy life and so on.

    Not #28, alas

  • But one thing is certain, when Favre finally does decide to call it quits, his legacy will tremendously be affected by the scandal that is getting more attention than whether the two ankle fractures he sustained last week in the third quarter of Minnesota's 28-24 loss at Green Bay, will prevent him from continuing his NFL record of starting in 291 consecutive games (315 including the postseason).

    Ann Liguori: Brett Favre's Legacy Tarnished

  • Whenever Favre really decides to call it quits, history will look kindly at the number of NFL records he comprised in his career.

    Ann Liguori: Brett Favre's Legacy Tarnished

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