from The American Heritage® Dictionary of the English Language, 4th Edition
- Contraction of it is.
- Contraction of it has. See Usage Note at its.
from Wiktionary, Creative Commons Attribution/Share-Alike License
- It is.
- It has.
- there's, there is; there're, there are
- adj. Alternative form of its.
Contraction of ‘it is’ or ‘it has’. (Wiktionary)
From it + ’s. (Wiktionary)