On It
On it definition by Slang.net - The Slang Dictionary
This page explains what the slang term "On it" means. The definition, example, and related terms listed above have been manually compiled and written by the Slang.net team.
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On it means "taking care of that task." Someone might tell you they're "on it" after you ask them to generate an expense report, walk the dog, or vacuum the living room.
"On it" conveys that the sender is actively working on the task you're discussing with them. If you need the person to complete the task right away, you can tell them to get it done ASAP. If the person has yet to tell you they completed the task, you can send AYDY to ask whether they've finished.