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Into any course??? I disagree vehemently, in that being enticed into the course of eternal indebtedness by being inveigled into a few moments of pleasure is certainly not positive.
@Joe Blow: I disagree in that I don't see different meanings since the adjective, "word" is stripping 'its' and 'it's' of their meanings by describing them both as just words. Perhaps, had I written: " 'Its' / 'it's' is a word." my meaning would have been made less confusing.
@Nicolas: "It's" is the contraction of two words and, as such, can be considered to be a single word. From: en.wikipedia.org/wiki/Contraction_(grammar): "In traditional grammar, contraction can denote the formation of a new word from one word or a group of words, for example, by elision." The elision, in this case, being the omission of the second 'i', which rendered a new, monosyllabic word.