At a casino gambling table, to buy-in means to convert cash into chips, but what about its antonym, what's the word for to convert/exchage playing chips to/for chips that could be exchanged to cash at the cashier? Is it cashout?
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Literally, cash out is used when you exchange your chips for cash with a cashier. By extension, it is often used to indicate that the speaker is ceasing an activity and collecting whatever compensation or reward is due from it. If a poker player walks away from the table with her winnings in hand with no intention of returning in the near term, therefore, it could be called "cashing out" even if she will not be immediately exchanging chips for cash.