1 definition by Uptown

Top Definition
Phrase has many meanings. Normally used to describe something of irrelevance or an acceptance of the situation.

Used primarily to cause confusion to the listener.
Person x: "Hey your feet smell of rotten cheese"
Person Y: "It is what it is"

or

Person A: "I cant believe i failed my Marketing exam"
Person B: "It is what it is"
by Uptown March 20, 2006

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