cash one's chips

cash

1 [kash]
noun
1.
money in the form of coins or banknotes, especially that issued by a government.
2.
money or an equivalent, as a check, paid at the time of making a purchase.
verb (used with object)
3.
to give or obtain cash for (a check, money order, etc.).
4.
Cards.
a.
to win (a trick) by leading an assured winner.
b.
to lead (an assured winner) in order to win a trick: He cashed his ace and led the queen.
Verb phrases
5.
cash in,
a.
to turn in and get cash for (one's chips), as in a gambling casino.
b.
to end or withdraw from a business agreement; convert one's assets into cash.
c.
Slang. to die: After her parents cashed in, she lived with her grandmother.
6.
cash in on, to profit from; use to one's advantage: swindlers who cash in on the credulity of the public.
Idioms
7.
cash in one's chips, Slang. to die.

Origin:
1590–1600; apparently back formation from cashier1

cashable, adjective
cashability, noun
cashableness, noun
uncashed, adjective
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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World English Dictionary
cash1 (kæʃ)
 
n
1.  banknotes and coins, esp in hand or readily available; money or ready money
2.  immediate payment, in full or part, for goods or services (esp in the phrase cash down)
3.  (modifier) of, for, or paid by cash: a cash transaction
4.  (Canadian) the cash a checkout counter
 
vb
5.  (tr) to obtain or pay ready money for: to cash a cheque
 
[C16: from Old Italian cassa money box, from Latin capsacase²]
 
'cashable1
 
adj

cash2 (kæʃ)
 
n , pl cash
any of various Chinese, Indonesian, or Indian coins of low value
 
[C16: from Portuguese caixa, from Tamil kāsu, from Sanskrit karsa weight of gold or silver]

Cash (kæʃ)
 
n
Johnny. 1932--2003, US country-and-western singer, guitarist, and songwriter. His recordings include the hits "I Walk the Line" (1956), "Ring of Fire" (1963), "A Boy named Sue" (1969), and the American Recordings series of albums (1994--2003)

Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
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Etymonline
Word Origin & History

cash
1593, from M.Fr. caisse "money box," from Prov. caissa, It. cassa, from L. capsa "box" (see case (2)); originally the money box, but the secondary sense of the money in it became sole meaning 18c. Verb meaning "to convert to cash" (as a check, etc.) is first attested 1811.
Like most financial terms in Eng., ultimately from It. (cf. bankrupt, etc.). Not related to (but influencing the form of) the colonial British cash "Indian monetary system, Chinese coin, etc.," which is from Tamil kasu, Skt. karsha, Sinhalese kasi. Cash crop is attested from 1869; cash flow from 1954.
Online Etymology Dictionary, © 2010 Douglas Harper
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