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Throw in the towel
verb
Definitions
Verb
- 1 To quit; to give up. idiomatic
"If their restaurant can't get business even on Mother's Day, it might be time for them to throw in the towel."
- 2 give up in the face of defeat of lacking hope; admit defeat wordnet
Etymology
From the traditional signal from a boxer's support staff of throwing such an item into a boxing ring to indicate that the contestant cannot continue the match and is forfeiting to the opponent.
See also for "throw in the towel"
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