Yes, it does in fact mean "tits and ass", but it rarely is referring to the anatomy of just one female. It is used more in a descriptive generality... usually used to characterize a particular genre of entertainment, e.g. movies, TV, pop music, etc. It is often used pejoratively.
Wow, MTV used to be so cool. Now, it's all rappers and T and A.

Have you seen the amount of T and A that has crept into video games these days?
by david lincoln brooks December 2, 2005
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The emote of someone giving the finger. Used as a calm, non-nutritive reply to a troll, (usually on a MMO/MMORPG)or just something to piss people off. Whether a _ or a . is used for the mouth is completely optional.
~BobbyJoe56: LEEROY JENKINS
~xXNonTrollFeedahXx:wtf man
~BobbyJoe56: fuck that lol *trollface*
~xXNonTrollFeedahXx: t(-_-t) or t(-.-t)
~BobbyJoe56: . . .
~xXNonTrollFeedahXx: AHAHA! SUCCESS AGAIN!
by xXEmoteQueenXx January 19, 2011
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An emote used whenever someone wants to convey their anguish over something.

The T's are the eyes: slits with tears running down the cheeks. The caret is the mouth, which is pulled up into a pout.
My dumbass brother stole 20 bucks from me! T^T
by Kuja the Peacock September 19, 2008
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It's the new emoticon! It stands for look of intense studying. It's when someone is studying something intently. The lines on the top stand for eyebrows, the parenthesis stand for eyes and the | lines in between stand for the pupils. It's a serious emoticon. Mostly used by those who study a lot and/or like studying. It means they're studying.
online
Person A: How's it going?
Person B: is studying intently (T)_(T) Fine. Don't worry if I don't answer right away, I'm studying.
Person A: O.K. so what else is new?
*two minutes later
Person B: Nothing much. (T)_(T) I'm studying. Studying is fun!
by HawaiianPunch1 January 10, 2013
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This is an ASCII implementation of Kirby, the small round pink Nintendo character, flicking somebody off with both hands.
He cut me off on the freeway. You know what I did? t('.'t)
by M89 December 28, 2004
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A smiley of a man or kirby flipping you off.
Person 1: L0l 1 0wn3d y0u n00b!
Person 2: W/e, t(^.^t)
Person 1: WTF?!
by zzMoronzz May 20, 2008
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