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Acronym: It Is What It Is
Pronounced: (ee-eee-wa-ee-eee)

A term used to add some joy to the saying "it is what it is".
Person 1: Man my Android phone screen cracked!
Person 2: It's not an Apple, so I guess iiwii
iiwii by redevelop August 25, 2020
Related Words
iiwii iiwis IIWU IIWY iiw IIWD iiwg iiwhxted IIWIIAWABWII IIWIIT

iiwhxted 

A skid that has a large ego due to his relations with "Big namers" he is inferior to rawget
iiwhxted made a new nullware update, i wonder what he skidded this time
iiwhxted by JOEMAMAAIWMDAWDAWD July 17, 2021
Acronym for "It is what it is".

Accepting things for the way they are regardless of the situation.
Guy 1: Man we messed up so bad this time we'll never get out of it!
Guy 2: Whatta ya gonna do...iiwis.
Guy 1: no doubt
iiwis by Sk8life April 24, 2017
iiwii - pronounced ('e'-'wee') - It Is What It Is. 1) An all encompassing short word to sum up an agreed upon and or well understood simple and obvious situation or action. 2) A simple reply to an obvious statement of fact of which there is little or nothing that can be done to change the situation or action.
1) "This party is out of control!"
'Well my friend, iiwii.'

2) "These guys stink, there is no way they are going to the playoffs."
Iiwii my man, iiwii.


Iiwii by Mike Maenck March 11, 2009
Apocalypse Cat: "Oh God dude. That Jester's Pizza gave me the worst case of mud butt"
Honey Badger Cat: "That's what NOLA pizza does. iiwii "
iiwii by Meat Cat June 18, 2012
Literally means "If I were you".
IIWY, I would add that phrase into Urban Dictionary before someone else takes the credit.
IIWY by Random Shooting March 12, 2007