1. A statement in which the pronouncer neutrally accepts to having made a mistake, normally after having given instructions; a face-saving technique
"Take that Halloween mask off, it's creeping me out"
"This isn't a mask."
"Fair enough."
"This form is all wrong. We are at set 19A."
"This is set 18."
"Fair enough."
2. A neutral response to something weird, odd, or unexpected.
Mark is driving at night down a wooded road.
As he rounds the bend, a bird hits his windshield and rockets off into the night.
Mark calmly continues on his way and says," Fair enough."
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