When somebody has something smart to say and you want them to say again for them and they don't say anything
Person#1:your dead a hoe stupid ass bitch
Person#2: what was that,the fuck you just say
Person#1: ........
Person#2: oh aight!
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Its just like, "Oh Aight", big deal. Usually to infer that it is in fact a BIG deal.
Johnson squares up to Timmy, and Timmy says "You wanna go?". Johnson backs up a few steps, turns around and walks away in shame. Timmy says in response to the depression coming off of Johnson "Oh Aight.