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An informal and semi jocular way of sayinging the word “Deal” while removing the implied cutting harshness and seriousness of the phrase it is part of, also applying some levity to what otherwise may be perceived by the interlocutor as an overly aggressive, patronizing, Or inappropriately serious command or question. For example “what’s the deal with the money I loaned you for lunch yesterday” could come across as petty, whereas “I bought you lunch yesterday, are you buying? what’s the dealio?” Would lend a light touch too an otherwise awkward conversation.
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