Commonly used in Northern England, most notably in the Wigan area and is another way of saying 'be reet' - a basic shortening of the phrase 'it'll be alright'.
Often said to be reassuringly optimistic after something bad has happened.
Person number 1: Ahhh no mert, a jus' got 'it by t'buzz an' me chippy tea gorr all squished!
Person number 2: Breet.
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