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Used often in the business world, this incredibly versatile phrase can be literally translated as "fuck it."
The client changed the deadline to today? Well, it is what it is.
by A. Danish November 27, 2007
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Mar 1 Word of the Day
One who has a mania for music.
I am a melomaniac.
by Larstait November 14, 2003
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A phrase used to describe a situation that is less than ideal that you can't change.
It is what it is and all we can do is accept it and carry on.
by Galawh November 07, 2020
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A phrase (over)used by Youtube Gamers instead of admitting they are n00bs.
Damn missed that jump (for the fiftieth time) Oh well it is what it is
by Goth Doll October 19, 2020
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A) A phrase that seems to simply state the obvious but actually implies helplessness.

B) A phrase that seems to simply state the obvious but actually means "it will be what it is," as in "it ain't gonna change, so deal with it or don't." See also tough shit, oh well, cry me a river and tfb.
Meaning A
J: I can't believe the price of gas!

B: It is what it is.

Meaning B
J: It troubles me that you continue to put cyanide in my Yoohoo even after I've asked you to stop.

B: It is what it is.
by JohnnyAZ May 20, 2006
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A quintessentially American East Coast colloquialism that is meant as a sort of passive acceptance of a situation that is not favorable but also cannot be changed (or at least not right away). It can be used in any context, although usually it refers to an illness, injury, stroke of bad luck financially, romantic trouble, etc. It should never be used as a means to an end in an actual intellectual comversation. Also known as: What will be will be. Suck it up. Deal with it.
"Landlord bumped my rent up... oh well, we don't have a lease agreement. Eh, it is what it is."

::after a long perios of obsessively analyzing what went wrong in a toxic relationship; finding oneself depressed and overwhelmed by the details of it all; an acceptance (these are usually prefaced by a weighted sigh):: "It is what it is."
by ERIC ROUNDABOUT October 04, 2015
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