Used when you like something, or are 'down' to participate in a certain activity. The phrase can also be used as a filler when no logical explanation can be attained.
Bennett: Dude, are you down for some Taco Bell?
Bryce: I'm 'bout it.
mcdonald's new slogan. actually, according to maddox, who brought us the best page in the universe, defines it as an anagram. If you get rid of contractions, the letters in 'I am loving it' can be rearranged to form the truth 'ailing vomit'
A phrase used by an individual in a group suddenly determined to resolve a task or meaningless puzzle (that the others are too lazy to accomplish), usually in attempt to glorify their image or make them feel valuable to that group.
Girl1: "I wonder what time (movie) is playing tonight..."
Girl2: "We should check the showings."
Guy, trying toimpress girls: "I'm on it." *pulls out smartphone and uses movie times app