cash in one's chips

The phrase "cash in one's chips" is an idiomatic expression that originated from the world of gambling and poker. It means to sell or exchange one's chips, which represent money, for their cash value. In a broader sense, it refers to the act of quitting, retiring, or giving up on a particular endeavor, often with the idea of walking away with whatever gains or assets one has. It can be used metaphorically to signify the end of a career, business venture, or any situation where someone decides to cut their losses and move on.