all right is an adverb and adjective meaning "an expression of agreement normally occurring at the beginning of a sentence". It carries 4 recorded senses.
in a satisfactory or adequate manner
“she'll do okay on her own”
“held up all right under pressure”
colloquialism
being satisfactory or in satisfactory condition
“an all-right movie”
“the passengers were shaken up but are all right”
“is everything all right?”
“everything's fine”
“things are okay”
“dinner and the movies had been fine”
“another minute I'd have been fine”
colloquialism
Definitions, synonyms and semantic relations for all right come from Princeton University’s WordNet. Commonness is measured against a corpus of everyday English. Full sources and licences.