From the phrase "No, I am alright".
It's a sentence.
# Used when asked to share formspring password.
None that are known.
first person: "Hey, give me your formspring password!"
second person: "N'am Aight."
A manner in which to pronounce "alright" that is seen to be cooler and/or hipper than the word we might find in an actual dictionary.
They tried to replace my 'blahs' with 'a-ights,' blah.
To spoof - Basically replacing the phrase "bait out his/her scene".
Ali - "Yo Derek stop spoofin Pedro's chop"
Derek - "Aight bro it's done"