friend #1: who's going skinny dipping with us tomorrow at Lulu's pool??
friend #2: Iiiiyynn, byob?
friend #3: Iiiiyynn, can I bring a friend?
friend #4: Only a female and if she's hot, lol. Iiiiyynn!!!
friend #1: we about to go Iiiiyynn!!! I'll bring the liquor! Hot females are welcome!
iiwii - pronounced ('e'-'wee') - It Is What It Is. 1) An all encompassing short word to sum up an agreed upon and or well understood simple and obvious situation or action. 2) A simple reply to an obvious statement of fact of which there is little or nothing that can be done to change the situation or action.