quits

/kwits/
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Thân thiện
quits

We are finally quits with the loan.

Definition

Adjective 1. Being on equal terms, especially by having settled a debt or obligation: This describes a state where nothing is owed between parties, often after a payment or reciprocal action. 2. Even or level after retaliation or repayment: This describes a situation where a score is settled, a wrong is avenged, or a balance is restored, leaving no further claim.

Usage

The word "quits" is a predicate adjective, meaning it typically follows a linking verb like "be," "call," or "cry." It describes the relationship or status between two or more parties. It is most commonly used in informal contexts.

Examples
  • Adjective:
    • After I paid him back the $20, we were quits. (The debt was settled, putting us on equal terms.)
    • You broke my phone, and I broke yours. Now we're quits. (A retaliatory action has made the situation even.)
    • He wanted to be quits with the loan by the end of the month. (He aimed for a state where the loan was fully repaid.)
Advanced Usage
  • "to call it quits": To decide to stop doing something, especially to end a relationship, a job, or an activity.
    • After arguing for hours, they decided to call it quits and go to bed.
    • He's been with the company for 30 years and is ready to call it quits.
  • "to cry quits" (less common, somewhat archaic): To declare that a contest or dispute should end with both sides being even; to agree to stop.
    • After a long, drawn-out argument with no winner, they agreed to cry quits.
Variants and Related Words
  • Double or quits: A gambling proposition where a player can either double a debt/loss or cancel it entirely with a single further wager. (Note: This is a set phrase where "quits" functions as a noun meaning "the state of being even.")
    • He lost the first bet and then went for double or quits on the next hand.
Synonyms
  • Even: Having no balance of debt or advantage.
  • Square: Settled, with all accounts closed.
  • Settled: Resolved or paid off.
Related Idioms
  • To be quits with someone/something: To have settled all scores or obligations with a person or thing.
    • After the apology, she felt she was finally quits with the whole unpleasant incident.
quits

We are finally quits with the loan.

Adjective
  1. on equal terms by payment or requital
    • we're now quits
    • finally quits with the loan

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