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quits

/kwɪts/

Dictionary

verb

To pay (a debt, fine etc.).
To repay (someone) for (something).
To repay, pay back (a good deed, injury etc.).
To conduct or acquit (oneself); to behave (in a specified way).
To carry through; to go through to the end.
To set at rest; to free, as from anything harmful or oppressive; to relieve; to clear; to liberate.
To release from obligation, accusation, penalty, etc.; to absolve; to acquit.
To abandon, renounce (a thing).
To leave (a place).
To resign from (a job, office, position, etc.).
"After having to work overtime without being paid, I quit my job."
To stop, give up (an activity) (usually + gerund or verbal noun).
"John is planning to quit smoking."
To close (an application).

On equal monetary terms; neither owing or being owed.
"Here's the last of the money you lent me. We're quits now, right?"

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