What does “pleasure to meet you” mean?

A polite formula said on being introduced to someone, or when parting after that meeting, to say you are glad to know them.

How is “pleasure to meet you” used?

In Casablanca (1943), one line is: “It has been a pleasure to meet you.”

The clip at the top of this page is from Casablanca (1943).

It has been a pleasure to meet you.

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