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Definition

Said when handing something over to someone or doing a favour to them, usually to draw the recipient's attention to the exchange; equivalent to “thank you” when receiving something.

Used to express disdain for someone's actions despite the speaker's hopes or expectations.

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How People Actually Use It

1.A way of calling someone a hypocrite especially after receiving criticism. 2. Complimenting someone who has overcome adversity in their life

"1. Guest: I don't know why you keep inviting me to these parties. The drinks are warm the food is bland and the people are all the same Host: Yet here you are 2. Wow, when you asked me to invest in your restaurant, I never thought you would be so successful. Yet here you are"

Source: Urban Dictionary