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English definition of “call it quits”

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call it quits

UK informal
to stop doing something ( US call it even) to agree with someone that a debt has been paid and that no one owes anything more: I paid for last week's shopping and you paid for this week's, so let's call it quits.
Translations of “call it quits”
in Chinese (Traditional) 停止做, 同意債務已還清…
in Chinese (Simplified) 停止做, 同意债务已偿清…
(Definition of call it quits from the Cambridge Advanced Learners Dictionary & Thesaurus © Cambridge University Press)
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