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As it is explained by Johnny Depp, who plays Donnie Brasco in the movie "Donnie Brasco"
"Forget about it" is like, if you agree with someone, you know, like "Raquel Welch is one great piece of ass, forget about it." But then, if you disagree, like "A Lincoln is better than a Cadillac? Forget about it!" you know? But then, it's also like if something's the greatest thing in the world, like minga those peppers, "forget about it." But it's also like saying "Go to hell!" too. Like, you know, like "Hey Paulie, you got a one inch pecker!" and Paulie says "Forget about it!" And then, sometimes it just means forget about it.
by Donnie Brasco March 09, 2005
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2
New York term for:"No comment" or "I would rather not say".
Usually sounds like "Forgedaboudit" and spoken slightly loud to put an end to the subject.
Vinnie: So Guido, how much money did you make at the race track yesterday?
Guido: Forget about it!
by thedzone October 15, 2009
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3
Italian word for "Forget about it" Usually when you don't forgetaboutit, you die. So make sure you "forgetaboutit"
You: "So whats it about"
Italian: "Forgetaboutit"
You" "excuse me?"
::Death::
by OuTkaStZ October 08, 2005
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4
a response used to another person's statment meaning 'unbelievable' or 'unreal' or 'extraoridnary'
Tony Montana took 23 gunshots to the body before the mob took him down.
Listener's response: Forget about it
by Frank Bazan August 17, 2004
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6
Mafia slang.
1) Sometimes means just what it says ie it would be beast for all concnered not to rememeber.

2) That someone or something has no chance of succeeding
1)That thing you just heard me an Alfonse talking about - forget about it.

2) The yankees to be the red sox - forget about it! They got no hope.

by Anonymous May 11, 2003
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