From the traditional signal from a boxer's support staff of throwing such an item into a boxing ring to indicate that the contestant cannot continue the match and is forfeiting to the opponent.
"throw-in-the-towel." YourDictionary, n.d. Web. 13 November 2018. <https://www.yourdictionary.com/throw-in-the-towel>.
throw-in-the-towel. (n.d.). Retrieved November 13th, 2018, from https://www.yourdictionary.com/throw-in-the-towel
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