Same meaning as good as gold from the 'good as x' family.
Wood is good right? Think about it? No wood is no good at all now is it?
Tumpa: "Hey, are we on for tonight?"

Eru: "Yeah, we're good as wood"
by Erueti April 05, 2006
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The term relating to the erect state of the penis before sex.
Tom: "yo yo bitch i remember last night this girl was giving me a good wood IFFIN YA KNOW WHAT I MEAN"

British Tom: "Last night before coitus I happened to stumble upon what the urban lubbers would call a 'good wood.' It was very sensational."
by Austin Boston Doston October 08, 2006
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A mix between Korbel brandy and diet coke. This mixture gives off a hint of wood which gives it its name
Brad and Trent be sippin' on that good wood
by squareroot69 February 10, 2011
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A quality individual; dependable; reliable
Paige is the kind of person that will pick you up from the airport when you need a ride. She's good wood.
by WhoseSocksAreThese March 02, 2017
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