phrase used when the other person has proved your point wrong or otherwise contradicted you. indicates that the other person's statement is true while not conceding that your point was false.

usually said in a contemplative manner with a knowing head nod.

compare touche.

"Ooh, he his HOT! And he's TOTALLY into me."
"He's married. And I heard he has a third nipple."
"Also true."

"Abraham Lincoln was such a tool; he put people in jail for talking trash about the union!"
"yeah, but he totally ended slavery."
"Also true."