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Difference between Call in one’s chips and Cash in one’s chips

call in one’s chips—use one’s influence or social connections (to gain an advantage, etc.):

  • That point needs making, before Mr. Clinton’s friends in the labor unions try to call in their chips.

cash in one’s chips—

1. sell smth. in order to raise money:

  • Many mutual fund investors picked up the phone yesterday, but decided not to cash in their chips after all.

2. (U.S. sl.) die:

  • Got a phone call from Herb the other day informing me that Yochum had finally cashed in his chips at the ripe old age of 94.