1 definition by Troy E D
A way of telling someone that you are tired of hearing incessant whining about all of the problems they have... The polite way to say "I just don't give a rat's ass!!"
Bob: I am having the worst week ever. I have been late to work every day this week, my cat got ran over, and I forgot to pay my water bill so now I have a late fee.
Co-Worker: Well Bob, There's nothing you can do about it now. It is what it is .
Co-Worker: Well Bob, There's nothing you can do about it now. It is what it is .
by Troy E D April 24, 2009