From film industry acronym "Wind reel and print" meaning rewind the film and print the rushes.
Said by the director at the end of a scene, indicating that everything appears to be satisfactory.
Hence; any task or event is complete.
"Check the gate and if the sound's OK, that's a wrap. Thanks everybody"
by Recklesswraith September 15, 2007
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meaning something is over, done with, finished.
by Verse June 27, 2004
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1. It's a successful task.

2. It's over.
1. ME: Is it good about me getting transferred out.
BOSS: It's a wrap. It happens first thing Monday.

2. The second I think you're not taking this opportunity serious, it's a wrap for you.
-50 Cent, from "The Money and The Power"
by Mr. Terrence L. Trezvant October 19, 2008
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It’s over for everybody; a task/something is done.
If she doesn’t bring my sh’t back it’s wraps for her.
by DaniCol April 8, 2019
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a tobacco paper just for blunts there is no tobacco to scoop out
The wrap is the Chronic.
by tanisha June 13, 2003
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A small folded piece of paper containing Speed or some other powdered drug.
I can do you a wrap for 10.
by flame August 29, 2003
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