it's meaning, it's definition | English Cobuild dictionary

Collins

it's  

1    It's is the usual spoken form of `it is'.  
It's the best news I've heard in a long time.     
2    It's is the usual spoken form of `it has', especially when `has' is an auxiliary verb.  
It's been such a long time since I played.     
Translation English - Cobuild Collins Dictionary  
See also:

its, by its nature, it, IT

Collaborative Dictionary     English Cobuild
exp.
Used to express that it is impossible to decide between two options because they're equal
English expression
n.
means a liquid is not clear: this tea's got bits in it, I don't like yogurt with bits in it
assez proche de l'idée de 'il y a à boire et à manger'
exp.
something is easy to do
exp.
it's ready!
or "dinner's ready!"; "lunch is ready!"; "breakfast's ready!"
exp.
it's said for determining someone to calm down, be patient, control his/her reactions

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"Collins Cobuild English Dictionary for Advanced Learners 4th edition published in 2003 © HarperCollins Publishers 1987, 1995, 2001, 2003 and Collins A-Z Thesaurus 1st edition first published in 1995 © HarperCollins Publishers 1995"