Often used in sales, when a sales rep "chalks" a sale up on the board with the belief that the sale came through, but looks back and sees that it hasn't.
by DOCIOU$ July 28, 2021

Branson: Yo ayo I was at HHC and i was thinking of chalked shyt
Ayo: Yeah bro good thing you cut that off 😂
Ayo: Yeah bro good thing you cut that off 😂
by buhransonXayothebeast July 31, 2025

the most amazing, coolest, and realest person EVER!1!1! has a cat names elise and exists in all dimensions across the multiverse! when there is chalk there is an elise.
is that chalk?! i saw her in one of the dimensions i visited once!
you mean the cool person chalk? yea, she was with her equally as cool cat, elise!
you mean the cool person chalk? yea, she was with her equally as cool cat, elise!
by chalkdusts February 3, 2024

by Bigfngettingsprayingthruyadoor November 29, 2021

Essentially to give up and call it quits. Fits best when the overall tone of the conversation is one of defeat or gloom.
Eddie: Listen man, we've been playing this game for the past 2 hours and we still can't get a win. I think it's time we chalk it.
Luis: Nah man, we can't get off without a win.
Luis: Nah man, we can't get off without a win.
by El Bichota August 26, 2023
