The opposite of "no offense"
It's what you say right before insulting somebody to let him know your insult is intentional and that you mean every word of it too
^ No offense, but you support racist immigration policies, and I don't respect that
> Yeah, well, offense intended: I screw your Salvadoran girlfriend behind your back, and she loves it. So take that, you cuckolded little B
^ Hey, what the hell!