A common term used by bosses, managers, and other assorted corporate stooges to bring the attention of all attendees at the meeting to the point on hand....Also used to reply to emails as a confirmation that they are indeed referring to the subject of the email. The formality of the phrase is not always reflected in its usage.
With respect to this is concerned I suggest we hold an inquiry to apprehend the miscreants at the earliest..
Boss: Now listen, with respect to this shit is concerned.. I want it sorted out today only.
Added 2012-04-02 by Vishnu1503