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what it is 

A Black solidarity greeting of the 1970's, expressing philosophic agreement as to the present, past and future state of the black history/culture/experience.
First Brother: "What it IS!"
Second Brother: "What it WAS!"
Both together: "What it SHALL BE"

Often accompanied by various secret handshakes and signs
what it is by PJ Poppyjoe March 15, 2005

What it is 

whats up?
how u been?
what it do?
watz goin on?
Q.What it is, yo??

R.Chillen chillen what it is?

You know what it is 

A song by T.I.

When someone recognizes, acknowledges and agrees with a statement somebody has made.
Guy 1: That was a sick touchdown.

Guy 2: You know what it is.

what it is yo 

according to recording group, Trillville, this phrase means, "How's it going", "How are you", "What is your telephone number so we can converse", "Are you in a relationship", etc.
"What is yo, ah what's up ?"

what it is ho 

Inquiry of ones present conditions. Derived from the opening line of Trillville's Some Cut.
Jack: What it is ho?

Ed: Too much work.
what it is ho by kwashia March 28, 2005