A phrase used to describe something that’s terrible but not THAT terrible. It is often used to downplay a thing or situation.
Jay: Don’t worry mate, your hair cut is not that bad.
Dwayne: Don’t lie to me it’s horrible!
A phrase used to display negative irony. It is used especially during times in which a there is discomfort in approaching the subject head on.
Mike: I decided to forgive my girlfriend for cheating on me.
James: Bwat