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    quits

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    quits
    quits /kwɪts/ adjective informal
     Date: 1600-1700
     Origin: Probably from quit __free of__; ⇨ quite
    1. be quits British English if two people are quits, neither one owes anything to the other
       SYN  straight:
        I’ll give you £10, and then we’re quits.
    2. call it quits
      a. to agree that a debt or argument is settled:
        Just give me $20 and we’ll call it quits.
      b. to stop doing something:
        After 25 years as a teacher, he’s decided to call it quits.