CHIP

(PLASTIC COIN) [noun] [C] - a small plastic disc used to represent a particular amount of money in gamblingThe hostages are being held as bargaining chips by terrorist organizations.(informal) One day when the chips are down (= when you are in great difficulties and you understand the true value of things), you will know who your true friends are.(UK informal) If someone has had their chips they have lost their position, importance or power.That type of engine has had its chips now - it's noisy and uses a lot of fuel.