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4.
shorting of "I'm sorry about it". A way of apologizing without really meaning it. Normally said with a shrug.
Sarah: Steven you spilled your drink on me!
Steven: Sorryboutit
by KarenWd40 July 10, 2008
 
1.
1. A faux apology which serves as an adequate defense against any multitude of allegations. Displays not only a complete disregard with respect to any responsibility for one's behavior, but also an entitlement to continue such a course of action without fear of the consequences.

Works well in conjunction with the phase "YOLO"

2. A phrase which can serve to mean nothing in particular, except the fact that one is intoxicated and currently care-free. Generally used by college age females in a most annoying manner.
Courtney: Nick! we've been together for a year and I just tested positive
Nick: sorry bout it

Tom: dude I don't remember anything, did I drive last night?
Me: yeah we talked you into it
Tom: WTF?!
Me: Sorry bout it

Drunk girl 1: Vodka shots sorry bout it
drunk girl 2: SORRY BOUTTT IT!!!
by badyoungtom May 03, 2012
 
2.
A phrase with which one can provide self-forgiveness for saying something bitchy or arrogant.
"Sorry" should be accentuated.
The phrase can be accompanied by sticking the tongue out and cocking the upper lip in an ugly, arrogant way.
I'm like... the only real musician here... Sorry 'bout it!

It's not me, it's you. Sorry 'bout it.
by thebest02215 June 06, 2009
 
3.
Instead of truly being sorry about something, your actually mocking or making fun of the other individual!
Andy: Dude, Derek... I think I might be gay!
Derek: Sorry bout it!

or...

Derek: Hey Andy, did you see that nasty chick I hooked up with?
Andy: Yea... Sorry bout that!
by Abizzle February 08, 2006
 
5.
Instead of truly being sorry about something, your either clownin' a friend or your sorry bout something exciting!
Andy: Dude, Derek... I think I might be gay!
Derek: Sorry bout it!

or...

Derek: Hey Andy, did you see that nasty chick I hooked up with?
Andy: Yea, sorry bout that!
by Abizzle February 16, 2006