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Used as acknowledgement of receipt of one's orders.

- Find out if there's any claret in the cellar, Jeeves.
- Very good, sir.

Additional definitions for 'very good':

very goodUsed other than as an idiom: very good.
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"very good." Phrases.net. STANDS4 LLC, 2017. Web. 23 Nov. 2017. <http://www.phrases.net/phrase/very-good_15618>.

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