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1.
the shorter version of say allow it.Used by the ghetto heds or peeps u aint bothered 2 say da full ting.
It means dnt worry, leave it, or you aint got time 4 dat certain ting.
Tajah: " did dat biatch just srew me?"
Nara:" Yep, wat da fuck her problem?"
Tajah " Well if i beat her , she will know!"
Nara: " lol, low it, she aint worth it"
Tajah: "Tru, tru, fuck her"
by Nasa February 20, 2005
 
2.
Bastardisation of "allow it", often used by youths who have been rude/outrageous and then wish to compound the effrontery by telling you to metaphorically "chill out".
Student : "Sir, you are well stink for making me learn this adding up crap."

Teacher : "There is no need for that bad language."

Student : "Lowit man!"
by Teacherer July 10, 2008
 
3.
Lowit- Another term for Safe
Derives from "Allow it"
Another term for 'Let it be'or 'Its alrite'
Dave: "hey man shall we go play with ure mum?"
Phil: "Yer man Lowit"

Ex2.
Dave: "Oh no man, they just scored on us! We're down 1 now!"
Phil: "Lowit man, we'll score next play"
by Mgan14 September 01, 2005
 
4.
pronounced :
everythings good
dont worry about it
not worth thinking about it further
Bloke 1: Sorry bout killing ure dog..
Bloke 2: Sok mate, lowit

Bloke 1: You going to the pub,
Bloke 2: Yeah, lowit
by Ben February 23, 2004