counter; chip; bargaining chip; holding
Meanings
3 senses · 9 examplesnoun
counter; chip; gambling token
Originally referred to physical tokens used in games or gambling for counting and calculation. Often used in the context of traditional gambling houses.
He gathered all the chips on the table.
In old gambling houses, chips were tools for calculating wins and losses.
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Players exchange cash for chips.
noun
bargaining chip; leverage; asset
A metaphorical extension, referring to any resource, advantage, or condition that can be used as leverage in negotiations, competition, or conflict.
Strong military power is an important political bargaining chip.
In the negotiations, he held sufficient information as leverage.
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Rich experience is an important asset for him in workplace competition.
noun
holding; share; position
technicalA technical term in finance, referring to the quantity of a particular security (e.g., stocks, bonds) held by an investor or institution.
This fund company holds a large position in that company's stock.
Concentration of holdings often indicates that major shareholders are optimistic about the company's prospects.
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The analyst's report focused on changes in the holdings of institutional investors.