it's on me

it's on me

I will pay for some purchase. Hey, if you want to get a coffee too, it's on me. No, no, put your credit card away—it's on me.
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It's on me.

I will pay this bill. (Usually a bill for a meal or drinks. Compare this with This one's on me.) As the waiter set down the glasses, Fred said, "It's on me," and grabbed the check. John: Check, please. Bill: No, it's on me this time.
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