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you're good 

- When somebody does something (usually accidentally) to offend/hurt/bother/inconvenience you, but you aren't really that offended/hurt/bothered/inconvenienced (or you don't mind it), you respond with "You're good"; basically it means "it's not a big deal" and the purpose is to alleviate guilt or blame of the other person.

- When someone does something particularly industrious, clever or witty, you may respond to them "You're good", with emphasis on the word "good". Generally it is a comment, but can also be a general statement or a concession (see touche).
A waitress accidentally spills wine on a patron at a restaurant.
Waitress: Oh my gosh I am so sorry! So sorry!
Patron: It's fine, you're good!

Pedro (holding a videotape): I have the tape of you getting gangbanged right here.
Lisa (grabs tape out of Pedro's hands and breaks it): Hah! You can't blackmail me now!
Pedro (smiling): Bitch, please you think that's the only one I made? Of course I have another one. You're screwed, bitch.
Lisa: Shit... you're good.
you're good by Laqueshus June 5, 2009
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So bad it's good

(adj.) To be so dire it is actually amusing

I don't feel good 

A vague way of saying your sick. Most common when you have a cold.
Me: I don't feel good :(

Best friend: Don't worry, I got you. I'm on my way with soup, gatorade, and season one of House.

Me: I love you bro :")

jobs a good'un 

Midland exclamation at an unexpectedly good outcome of a bad situation.
Forklift driver: "Yeah, I smashed a load of those boxes whan I put them on the pallet. Put loads of shrink wrap on, nobody noticed, jobs a good'un"
jobs a good'un by oracle March 12, 2004

wanna have a good time? 

A word used by famous Australian Pimp: Jesse Bauld
This word is now a popular catchphrase evrywhere!
"Wanna have a good Time?, with a beer?"

a "good morning mr. president" 

When your girl "sucks your penis" in the morning upon waking up.
I give my man a "Good morning Mr. president" at least three times a month to start his day off right cause if I don't do it one of those Monica Lewinsky's out there will!!

Yeah, well your mom was really good last night 

A comeback, usually signifying that the person saying this phrase can't win the argument.
"Go fuck yourself, you piece of shit whore"
"Yeah, well your mom was really good last night"