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it's a wrap 

1. It's a successful task.

2. It's over.
1. ME: Is it good about me getting transferred out.
BOSS: It's a wrap. It happens first thing Monday.

2. The second I think you're not taking this opportunity serious, it's a wrap for you.
-50 Cent, from "The Money and The Power"

its a wrap 

a phrase usually that means something is about to go down, or somehing is over
aw naw its a wrap i'm bout ta beat that bitch ass

its a wrap, i got a 1.83 on ma report card
its a wrap by anonymous May 13, 2005

its a wrap 

a phrase commomly used to suggest that your relationship is over, used in a song by Mary J. Blige..
It's a wrap
Why you go and do me like that
I thought the love was good
But I misunderstood baby...mary j blige
its a wrap by Cassie July 5, 2004

Thats a wrap

Thats a wrap, as in when movie directors say "its a wrap" also "Dats a wrap" , "Your a wrap" meaning you are no longer a meaning in that persons life
"Dats a wrap my friend" "Dats a wrap for you"
Thats a wrap by Missy March 6, 2005

Its A Wrap 

AW FUCK NO, ITS A WRAP FOR HIM AND HIS BITCH ASS
Its A Wrap by _.lil.kiki_ January 1, 2019

thats a wrap! 

a place in DC that only serves autistic people and they have vans with cages inside that carry autistic people
in Gaithersburg, MD it can also be used as an adjective, for the word "dumb" or "weird"
"me: yo bro you see that person over there?

the watchman: yeah bro thats definitely a level 12 thats a wrap! person"