Green’s Dictionary of Slang

nick n.1

[SE the nick/very nick, the critical moment]

1. the winning throw at dice.

[UK]M. Prior Cupid and Ganymede in Works (1959) I 273: Cries ganymede: The usual Trick: Seven, slur a Six; Eleven: A Nick.
[UK]Bridges Burlesque Homer (3rd edn) 288: Out pops the dice, cries nestor — Seven / ’S the main; a nick, by Jove, eleven.
[UK]Bridges Burlesque Homer (4th edn) II 25: [as cit. 1772].
[UK]C.M. Westmacott Eng. Spy I 270: Ay, that I will, I’ll hit the nick.
[UK]Satirist (London) 22 Jan. 31/1: If the caster calls 7, and throws 7 or 11, he wins, as both 7 and 11 are nicks to 7; and if he calls either 5,6, 8, or 9, and throws what he calls, it is called a nick, and he wins.
[Aus]Bell’s Life in Sydney 11 June 2/7: ‘A nick,’ exclaimed Inspector James Singleton, as he rushed into the room.

2. as the nick, the proper thing, the fashionable thing, the best of health.

R. Seymour Murray’s Mag. I 472: The word Ton is quite abolished. Everything that is fashionable is now called the Nick. The fashionable Ribbons and Gauzes are Polignac and Jofilé.
[UK] ‘The Squire’s Thingumbob’ Rakish Rhymer (1917) 83: His thingumbob, it stood so stiff, ’twas really in the nick, sirs.
[UK] ‘’Arry on Crutches’ Punch 3 May 201/1: Toppers in sticks; / They do give a chap sech a hair [...] when they’re up to the nicks.
[UK] ‘’Arry at the Royal Evening Fête’ Punch 28 July 38/2: Arf-a-crown for the tipple was stiff, but the feeling, my boy, there’s the nick!
[UK] ‘’Arry on [...] the Glorious Twelfth’ Punch 30 Aug. 97/2: There’s the nick o’ the matter, he reason of all this un-English wild chat.

3. (UK und.) an opportunity.

[UK]Morn. Advertiser (London) 5 Nov. 4/3: His companion told him that was now a prime ‘nick’ for a piece of ‘squeeze’. Mr Wyatt — ‘What do you mean?’ [...] ‘They are flash terms, Sir. — “Nick” means opportunity and “squeeze” signifies silk.

In phrases

in the nick

fashionable, in the height of fashion.

[UK]Partridge DSUE (8th edn) 790/1: since ca. 1600.