Top definition
Everything is perfect, almost better than perfect.

Speaking this phrase is accompanied be making the "ok" sign with your right hand and placing the circle made by the thumb and forefinger around the tip of your nose. With the other three fingers straight up, you rotate the "ok" sign to the left as you say the phrase, "Ok on the nose."

The creation of this expression is attributed to unknowns in the Arizona theater community.
Ok on the nose!
by helbent June 27, 2011
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