A quintessentially American East Coast colloquialism that is meant as a sort of passive acceptance of a situation that is not favorable but also cannot be changed (or at least not right away). It can be used in any context, although usually it refers to an illness, injury, stroke of bad luck financially, romantic trouble, etc. It should never be used as a means to an end in an actual intellectual comversation. Also known as: What will be will be. Suck it up. Deal with it.
"Landlord bumped my rent up... oh well, we don't have a lease agreement. Eh, it is what it is."

::after a long perios of obsessively analyzing what went wrong in a toxic relationship; finding oneself depressed and overwhelmed by the details of it all; an acceptance (these are usually prefaced by a weighted sigh):: "It is what it is."
by ERIC ROUNDABOUT October 4, 2015
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S.L.J- "Say what one more time, i dare you, i double dare you to say what one more time
by Camera boy June 10, 2007
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A general response to anything stupid, preferably written in lower case
"Hey everyone I like bananas!"

"what"
by some guy July 1, 2004
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Similar to whats up, whats good, what it do
Asked as a question, usually meaning something like, "hows it going?" or "whats goin on?" also, "whats up?"
"whats good, what it be?"
"chillin man. chillin."
by anonymous1223213 May 10, 2007
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A vaugue term, often used indesciminately, to describe a thing or things that one would,usually for the sake of convenience, omit and sum up as "what-not"
"That bastard. Spends all his damn time messing with that ugly girlfriend of his.You know, just talking and what-not"
by drew August 13, 2003
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something you say when someone has said something retarded or fucked up, and you need them to realize what they said is so stupid they need to repeat it so you can be sure that they have just said something that idiotic. accompained by furrowed brow, bobbing head and neck, and a very pronounced, "Wh-utt?"
Raccoons are the most evolved creatures on earth.

What?!

Raccoons are -

No, I heard you. WHAT?!
by sweetness-and-light May 17, 2007
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It can mean so what. It is like saying I told you so. It is proving somebody wrong.
My brother: you can't get off that phone in a half an hour. Me: I got off in 10 min. AND WHAT !!!
by Dennis September 28, 2004
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