aka...affirmative, correct. This is a "fonz-ism" like "exactamundo" and "coolamundo"
"Are you telling me you haven't been off that couch all day?"
by sts0364 June 27, 2005
An emphasised way of saying something is correct.
correctamundo my friend!
by xmillionairre October 5, 2010
a cheerful affirmation of another persons correctness.
"You asked me if I my latest endeavor was successful and I replied: "correctamundo"!
by bitbrenn September 6, 2013