z'allgood 

A contraction derived form the words "It is all good"
1) A gesture to indicate that there is no harm done.
2) a response to the question "s'up?"

1)-Hey man, thanks!
-z'allgood
2) -Hey man, sorry for scuffing your new lugz
-z'allgood
3)-S'up?
-z'allgood

z'allgood by Chingyiswack November 7, 2005