Australian slang meaning to give up or admit defeat. Typically used in informal or sporting contexts when someone throws in the effort rather than continuing a losing battle. A variant on the more widespread 'throw in the towel,' adapted with the Australian verb 'sky' meaning to throw or hurl upward. Carries a sense of dramatic resignation, sometimes deployed with self-deprecating humor.
After three hours trying to fix the engine himself, Dave finally skied the towel and called a mechanic.
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(AU, slang) To give up; to surrender.
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Regional slang from around the English-speaking world — British, Australian, Irish, Caribbean, Nigerian, Filipino, AAVE, and the hyphenated-English dialects that make the internet sound local.
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