Alternate, simplified version of "all right." Often used in place of "okay" or "fine." Used almost exclusively in email, chat, video games and subtitled movies and anime by folks who slept through English.
1. "No self-respecting editor would allow 'alright' to be used in a novel, nor any English teacher would allow it in an essay, but when it comes to popular culture, I guess it's all right."
2. Akane: "Ranma, are you alright?"