Humorous spelling of "appreciate it", and means, "that's, like, radically decent 'n' thoughtful of you, homie --- thanks".
Cool dude #1, texting with his buddy on his Smart phone: Word, Man --- I do indeed think that I might be interested in looking into that. Only prob is dat I am not at all familiar wif dat subject --- could you be a schuper schweet guy, Bro, and Google it for me, and den e-mail me da links?
Cool dude #2: Sure --- will do, Chief --- no majoro problemmo.
Cool dude #1:Thanks, Pal --- prish-eee-yayt it!!
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