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  Dictionary Definition of dibs

dibs
plural noun Colloquial
1. marbles (def. 7).
2. a stake in a game.
3. funds or money: in the dibs.
4. winnings.
-- phrase
5. dibs in, taking part; included, especially in a game.
6. play for dibs, to play with the object of keeping what has been won.
[from dibstones, formerly a children's game played with small stones; var. of DAB1 ]