Has mulitple meanings. It can be used as a slang word for "bitch" or as a greeting.
What up biiit(bitch)? gotcha biiit (bitch)! BIIIT!
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Word originating somewhere in the midlands UK (probably in Stone) meaning "good bye". The 'iii' part of the word is uaually greatly emphasized.
"catch ya later bitch. inna biiit"
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