The Vietnamese word "quịt" is a verb that means "to welch" or "to refuse to pay." It is commonly used in the context of not paying a debt, which is expressed as "quịt nợ."
"Quịt" can also imply dishonesty or cheating someone out of money. You might use it in situations where someone takes advantage of another's trust regarding financial matters.
While "quịt" primarily refers to not paying a debt, it can also be used more broadly to describe any situation where someone fails to follow through on a financial obligation.