What does calling in a chit mean Meaning and Definition

What does calling in a chit mean

What does calling in a chit mean

Pronunciation

/ˈtʃɪt/

Part of Speech

Noun

Definition

A favor or obligation that one person has granted to another, which can be redeemed at a later time, often in a social or business setting.

Examples

  • There’s still 10 dollars on the chit from last week’s poker game.
  • Unfortunately, it’s not possible to redeem the chit this time.

Synonyms

  • IOU
  • Favor

Antonyms

  • Debt
  • Obligation

Etymology

The term “chit” originated in the 17th century from the Hindi word “chit,” meaning “a small note or token.” It was initially used in India to refer to a small note or voucher, and later adopted in the UK and other English-speaking countries to describe a favor or obligation.

Usage Notes

The term “calling in a chit” is often used in informal settings, such as social gatherings or business meetings. It’s essential to be mindful of the context and the relationship between the individuals involved, as calling in a chit can be seen as taking advantage of a favor or obligation.

Cultural References

The term “chit” has appeared in various forms of media, including literature, film, and television. For example, in the novel “The Great Gatsby” by F. Scott Fitzgerald, the character of Jay Gatsby is described as having a “chit” with a wealthy acquaintance.

Idiomatic Expressions or Phrases

  • “Calling in a chit” is often used to describe taking advantage of a favor or obligation.
  • “Having a chit” means having a favor or obligation that can be redeemed at a later time.

Related Words or Phrases

  • Debt
  • Obligation
  • Favor

Collocations

  • Calling in a chit for a loan
  • Redeeming a chit at a later time
  • Having a chit with a friend

Frequency of Use

The term “calling in a chit” is relatively uncommon in modern language, but it’s still used in certain contexts, particularly in informal settings or in reference to historical or cultural events.

Common Misspellings

  • Chit-off
  • Chiit
  • Chittee

Related Words