adjective; clipping
To be okay or acceptable; Alright This is a slang contraction, so it’s used because it is original and colorful. It also probably serves as a shibboleth: by using it, people can indicate that they are members of the “in” group.
They don’t spin, but that’s AITE.
Etymology : aite. Clipping of 'alright'
Source : Rice Thresher Backpage
Last modified: 10 June 2008