To cry quits

from The Collaborative International Dictionary of English v.0.48
Cry \Cry\, v. t.
   1. To utter loudly; to call out; to shout; to sound abroad;
      to declare publicly.
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            All, all, cry shame against ye, yet I 'll speak.
                                                  --Shak.
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            The man . . . ran on,crying, Life! life! Eternal
            life!                                 --Bunyan.
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   2. To cause to do something, or bring to some state, by
      crying or weeping; as, to cry one's self to sleep.
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   3. To make oral and public proclamation of; to declare
      publicly; to notify or advertise by outcry, especially
      things lost or found, goods to be sold, ets.; as, to cry
      goods, etc.
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            Love is lost, and thus she cries him. --Crashaw.
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   4. Hence, to publish the banns of, as for marriage.
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            I should not be surprised if they were cried in
            church next Sabbath.                  --Judd.
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   {To cry aim}. See under {Aim}.

   {To cry down}, to decry; to depreciate; to dispraise; to
      condemn.
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            Men of dissolute lives cry down religion, because
            they would not be under the restraints of it.
                                                  --Tillotson.

   {To cry out}, to proclaim; to shout. "Your gesture cries it
      out." --Shak.

   {To cry quits}, to propose, or declare, the abandonment of a
      contest.

   {To cry up}, to enhance the value or reputation of by public
      and noisy praise; to extol; to laud publicly or urgently.
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