Means nothing is bad.

Used in an optimistic sense to show the lightheartedness of something.
-Hey man, sorry about that. I had someone on the other line.
-Oh it's all good.
by sirrah March 28, 2005
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Everyone/ Everything is cool.

Whoever you are/ Wherever you're from, you're alright with me.
East visiting the West:

E: "I'm from the East-side of town."

W: "It's all good. You're welcome here."
by LA Creeper February 06, 2008
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I have nothing to say other than a meaningless platitude.

A phrase popularized by MC Hammer himself and used as the title of many songs since.
Dear stoner advice columnist, should I major in something practical, liberal arts, or film school?

It's all good dude.
by mandingoh December 10, 2004
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Statement: a lame response to adverse conditions which shows no concern to others.
Rock Star: Dude, it's thirty minutes 'till the show and there's still no sound!
Roadie: It's all good.
by bb2 April 29, 2006
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what people who are a little too old say to sound cool
Hip, young assistant: "Don't we have to worry about the deadline?"
Aging, overweight boss: "It's all good"
by bald spot(er) July 30, 2008
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wannabe hip-hop ghetto bitch, or fat tattooed white super-pretender beatch, upon learning their baby daddy just married mariah carey's super hot, rich dance coach, "it's all good", usually accompanied by an expansive two-arm gesture.
by Dog D July 12, 2008
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