Yea it is 

A Midwest corn-packer term used to agree with what someone says.

1: It is cold as all hell out here.
2: Yea it is.

1: Walking through corn fields is hotter than monkey balls.
2: Yea it is.

Yea it is by T.J. Dubz June 13, 2011

know what it is yea 

the lead up to a lame excuse, the sentence said by someone who owes you money but doesnt pay it back when you ask him to.

1:dya have that £75 you owe me?
2:YOU KNOW WHAT IT IS YEA, i havent been paid yet, i gave money to my mum, i got robbed in the street, give me till friday, i went in2 my house to get it but i instead walked out with a bowl of rice nd no money

know what it is yea by big poppa smurf May 30, 2008