n. a bill or tabulation of charges that one signs rather than paying. : I don't have any cash. Can I sign a chit for it?
n. a check. : She wrote out a chit for the balance due.
Dictionary of American Slang and Colloquial Expressions by Richard A. Spears.Fourth Edition. Copyright 2007. Published by McGraw Hill.
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Word Origin & History
chit (1)
"note," 1776, from Mahrati (Hindi) chitthi "letter, note," from Skt. chitra-s "distinctively marked."
chit (2)
"small child," c.1624, originally "young of a beast" (1382); unrelated to chit (1), perhaps connected to kitten.