n. Spanish for Morning Wood, literally 'wood of the morning'. A politically correct way of expressing the fact that you have an erection that will pass undetected by the usual female, unless she is hispanic, in which case you're screwed.

a phrase chiefly used in northern England.

it is a contracted form of "it'll be reet", where "reet" means "alright" or "OK".

living your life according to "be reet" is the only way to find happiness in life.