to confirm that you heard what someone said, or in terms of feeling ok means you're not great but you're not horrible either, you're neutral

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Ok means I'm too busy and important to waste my time arguing with you

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ole klienhoffer was an *** kisser ok

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Believe it or not, Wikipedia has an entry on "OK".<br />
http://en.wikipedia.org/wiki/Okay<br />
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There's no consensus on the origin. But basically it means that everything is alright. The meaning can shift a little depending upon the context, yet is always a positive or acknowledgement.

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It means all is alright.

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OKlahoma (there are many explanations for OK)

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that you are doing terrible but don't want anyone to know or you feel they don't really care to know so you say you're ok or fine. that's what it always meant to me when i use it.

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