There is no true definition. The word is only used by the master of masters. Although the word phrase has lots its translation and true meaning during the time of the medieval ages, some believe that it means to know "what is best". If someone were to make a wise choice, then another party would exclaim that this person "knew his/her goods" in that specific area.

When someone who you have met on several previous occasions acts like they don't know you when they see you in a different setting.

Phrase stuck onto the end of almost every sentence in East London's black community. Similair to ya get me? it is a probing to see if what is being said is being understood.

1)A phrase said by an individual who doesn't know exactly what to say to a question.

2)A phrase said by an individual that can be said after any statement whatsoever in order to form a question of acknowledgment, and it tends to always fit in with the statement.

1. An answer to questions that most people will understand and offer their concencus; usually trails off to allow for some exchanging of looks

2. Can be used when you just don't know how to answer a question

3. A phrase that is often used to answer questions, even when the inquirer may NOT know; often results in strange, confused looks and/or annoyed glares, especially when answering a question that no one could POSSIBLY know the answer to

You know, you already know what it is, it is what it is.

The perfect thing to say when you haven't been listening to a conversation that you started. This works for an answer to virtually any question. Perfect for answering if you can't hear the speaker in a crowded, loud room.