chivel


verb.
to pay off a debt in a smaller denomination of currency than the loan was originally made in, thus leaving the creditor with small change where he once had a note.
often the small change, if accepted by the creditor, disappears on trivial purchases before the full loan is re-paid, meaning he never really recovers the debt’s full worth.
tom: here’s 10p for you, mike. now i only owe you £19.90p.

mike: hey – i told you when i lent you the money that i wouldn’t stand chivelling. the smallest i will accept are £10 notes.

tom: ok mike, i’m sorry. i’ll never chivel a debt again.
to chip away at something slowly.as if one were hewing a large stone as a sculptor would
q. “how is the . dissertation going?”

a. ” slowly, i keep chivelling away at it.”

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