in a nutshell, it means "this is the way its going right now, and thats how it is." kind of a way to say: dont overthink the situation. a reminder to keep things simple, dont overanalyze things, or a way to put a definition on something thats hard to explain.
Friend: "So what's the deal with you and Bobby? I thought you guys were together, but then someone said you broke up, and then somebody else told me you were broken up but 'friends with benefits' So what's the true relationship status?
Girlfriend: it is what it is.
Girlfriend: it is what it is.
by Charlotte Kenfield December 7, 2006

by linkinink April 18, 2009

A more hip hop way of saying "etc", or a verbal way of expressing "..." It is said by those that have so much poppin' that they don't have the time or energy to explain what the "what not" is. This term should not be used by wannabe gangstas, as this will only serve to slash your street cred. People will know you have no substance behind your "what not."
by Lil' S, October 21, 2007

by T8KEM September 14, 2005

When somebody starts to tell you a story that you think is going somewhere but it doesn't, so you have to ask a question (and then what?), but there is no more to the story.
by SallySmartyPants August 2, 2012

-What's it?
-Jackshit, I'm bored
-Jackshit, I'm bored
by princZess420 February 17, 2004

1) Old fashioned term from British English asking agreement.
2) Term for anal sex usable in polite situations. (Taken from a South park sketch in which a character sings "What what? In the butt."
2) Term for anal sex usable in polite situations. (Taken from a South park sketch in which a character sings "What what? In the butt."
1) She has quite a nice body, what what?
2) (Conversation in grocery store line)
"Did you hear about the latest fight between John and Jane?"
"No, what did he do this time?"
"What-what?"
"Really? What a jerk."
2) (Conversation in grocery store line)
"Did you hear about the latest fight between John and Jane?"
"No, what did he do this time?"
"What-what?"
"Really? What a jerk."
by ABBenzin February 26, 2010
