Surrender

In the context of blackjack, surrender is a betting option that allows players to keep half of their initial bet. 

There are two types of surrender in blackjack: early surrender and later surrender. An early surrender occurs when the player gives up on their cards right after the dealer deals them their cards, but before the dealer checks their own cards for a blackjack. A late surrender occurs after the dealer checks for a blackjack, and a player will still lose their bet if the dealer has a natural.

Surrender (blackjack):

• A betting option in blackjack that allows you to keep half of your initial bet.