'To cry quits' definitions:

Definition of 'To cry quits'

From: GCIDE

Cry \Cry\, v. t.
1. To utter loudly; to call out; to shout; to sound abroad; to declare publicly. [1913 Webster]
All, all, cry shame against ye, yet I 'll speak. --Shak. [1913 Webster]
The man . . . ran on,crying, Life! life! Eternal life! --Bunyan. [1913 Webster]
2. To cause to do something, or bring to some state, by crying or weeping; as, to cry one's self to sleep. [1913 Webster]
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. [1913 Webster]
Love is lost, and thus she cries him. --Crashaw. [1913 Webster]
4. Hence, to publish the banns of, as for marriage. [1913 Webster]
I should not be surprised if they were cried in church next Sabbath. --Judd. [1913 Webster]
To cry aim. See under Aim.
To cry down, to decry; to depreciate; to dispraise; to condemn. [1913 Webster]
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. [1913 Webster]