Boss: I'd like you to stay late and do my work for me.
Employee: Okay, great!
Mom: I'd like you to clean your room before you go to the movies.
Child: Okay, great!
Employee: Okay, great!
Mom: I'd like you to clean your room before you go to the movies.
Child: Okay, great!
by Spellish July 20, 2015
Used after a response to a question that you just asked. It can be used whether the news recieved is good or bad. Another way to say this is "k great".
by Lukens August 7, 2005