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1 definition by LVBOA

 
1.
A numbered, chip-like implement placed on a casino gaming table
indicating the amount of value chips that have been removed from a
table tray during a table credit slip transaction, or an amount of chips
that has been given to a customer for wagering on credit prior to
completion of a credit instrument (marker).
When the customer requested a marker for the remainder of his credit line, the pit boss put a 5000 lammer on the blackjack table and the dealer cut out $5000 in chips to give the player.
by LVBOA October 17, 2008