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Everything is all right; no problem; used to reassure someone.
"Sorry about nearly breaking your vase, Carl."
"I don't mind, man. All good in the hood."
what has happened in your home town/city or area if you have been away..
'ive just come home from america so whats good in the hood?'
meaning the hood (or neihborhood) is lookin good. No fights, shootings, robberies, ect.
Yo, smells good in da hood today. Ward
A friendly greeting... how are things going with you?
Yo, Kevin, what's really good in the hood?
Meaning: everythings ok, you are alright, and there is no trouble around.
Man: someone trying to fight man?
2nd man: Its all good in da hood.
A commonly used greeting by aspiring white gangsters, usually ironic
Guy 1: Yo yo yo what’s good in the hood
Guy 2: Shut the fuck up Anthony, I wish my mother would’ve done hard drugs when she was pregnant with me