An all but lost phrase from the seventies era of ebonics, the closest contemporary equivalent being, "What up?" WHAT IT IS is often a rhetorical question like, "How's it hanging?" or "What's going on?"
Synonyms for what it is
On this page, you will find 30 slang terms related to what it is. Some of the top words include: sup, Whatchamabunga, wa gwan, waddap, 's up, and 25 more.