I hear this phrase "got it" a lot in many different contexts. What's it mean?
Native speaker’s answer
Rebecca
Here, it's an informal meaning of "I understand!" It can also mean to "have," "hold," or "possess" something. Ex: Got it. Thanks for clarifying. Ex: You can't go to the movies by yourself. You got it? Ex: A- Can you grab my bag for me? B- Got it.