The word "alright" is an informal term used to indicate that something is satisfactory, acceptable, or in good condition. It can also express agreement or reassurance. While often seen in casual conversation, it's worth noting that "all right" is the more traditional spelling.
The word "alright" is a variant of "all right," which combines "all" and "right." The use of "alright" as a single word began to appear in American English in the early 20th century, though it was criticized by some grammarians. Despite this, "alright" has gained acceptance in informal contexts.