I TOOK OWNERSHIP OF THAT (itoot):
An acronym for common corporate jargon referring to taking responsibility for something.

itoot that big project to be completed for next Wednesdays meeting.
by Banc June 11, 2008
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The accidental audible release of flatulence while listening to one’s iPod, resulting from the device’s interference with one’s ability measure ambient sounds.
She was mortified to realize that the boy she had a crush on heard her itoot on the bus.
by Princess of Putrescibles February 24, 2009
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