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1.
Despite any possible doubt, everything's cool.
Oh you slept with my girl? It's all good homie!
by B.I. April 07, 2003
 
2.
Means nothing is bad.

Used in an optimistic sense to show the lightheartedness of something.
-Hey man, sorry about that. I had someone on the other line.
-Oh it's all good.
by sirrah March 28, 2005
 
3.
Platitude that covers so many emotions and situations that it says little; its only real meaning is that the speaker is trying to rise above whatever problem exists, without expressing their underlying negative emotions. (They might be angry, sad, upset, frustrated, hurt, disappointed, etc.) Often used in a passive-aggressive way. Rarely, used compassionately for someone else, trying to make them feel better. A favorite of inarticulate teens; fills in the gaps between: like, dude, dudette, whatever, so, I dunno, hey, etc.
Ariel: "I'm breaking up with you."
Campbell: "Whatever. It's all good."
by Jessie31 August 04, 2008
 
4.
Everyone/ Everything is cool.

Whoever you are/ Wherever you're from, you're alright with me.
East visiting the West:

E: "I'm from the East-side of town."

W: "It's all good. You're welcome here."
by LA Creeper February 06, 2008
 
5.
its all good - the best way to live your life.
Man.. its all good.. it doesnt matter, look at the big picture
by i2k November 30, 2003
 
6.
A intervention phrase to use to avoid a debate or argument.
"Man, did you hear what the president wants to do?"
"Its all good man, its all good."
by Big Merl July 04, 2004
 
7.
“Its all good” means: You've just fucked up beyond all comprehension and belief , I'm never speaking to you again.
- (After spilling a drink or driving over a dog) 'sorry sorry'
- “It's all good”

An appropriate response after refusing the offer of help, being helped anyway and situation becoming worse. Or anticipating another's error, offering to help, being turned down and then observing tragic and/or comical behavior play out.
by Skel8tor July 14, 2012