HyperDic: quits

English > 1 sense of the word *quits*:
ADJECTIVE	all	quits	on equal terms by payment or requital

quits > pronunciation
Sounds	kwih'ts
Rhymes	Auschwitz ... wits: 19 rhymes with ihts...

English > *quits*: 1 sense > adjective 1
Meaning	On equal terms by payment or requital.
Examples	"we're now quits" "finally quits with the loan"
Broader	equal	Having the same quantity, value, or measure as another