The correct spelling of the phrase "lets have it" is "let's have it." The apostrophe in "let's" indicates that it is a contraction of "let us." The pronunciation of "let's" is ['lɛts], with a short "e" sound followed by a "ts" consonant cluster. "Have" is pronounced as [hæv], with a short "a" sound and a "v" consonant. "It" is pronounced as [ɪt], with a short "i" vowel sound followed by a "t" consonant. Together, the phrase is pronounced as ['lɛts hæv ɪt].
"Let's have it" is a colloquial phrase that originated from the English language. It is commonly used in informal conversations among friends, acquaintances, or colleagues.
The phrase is an invitation or request for someone to take action, express their thoughts, provide information, or do something they have been considering or planning. It implies a sense of anticipation and urgency, encouraging the other person to proceed without hesitation. It can be used in various contexts, such as discussions, debates, or situations where a decision needs to be made or action needs to be taken.
"Let's have it" often indicates a desire for honesty, frankness, or a direct response. It can be interpreted as a call for the person to share their opinions, ideas, or knowledge openly and without reservations. The phrase is often used when seeking a straightforward or detailed explanation, seeking clarification, or expecting the person to reveal their true intentions or feelings on a particular matter.
In summary, "let's have it" is an informal expression used to encourage someone to speak up, act, or express themselves freely and honestly. It prompts an immediate, energetic response or disclosure, fostering a more open and transparent communication style in various social or professional contexts.