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Fair enough /fɛər əˈnʌf/
(expression) (informal) Usage note: This term is used by many speakers.
Another way to say ‘ok’ or ‘That's reasonable’.
Example: Okay, you don’t like sea anemones, fair enough, they do sting. (http://www.ozemail.com.au/Fair enoughbrussell/fish.htm)
A student discussing her essay with a lecturer and thinking, 'Fair enough, I made a mistake'.
(photo by Julia Miller)