I keep hearing something like "pali" or "bali" in a speech which might mean "Ok", "All right" as I understand from the context. I didn't find that word in a dictionary. What can it be?
1 Answer
What is said is "vale" (literally "it values / it is worth"), a very common interjection indeed meaning "OK / All right".
Note that the letters V and B are pronounced the same by most native Spanish speakers and that their pronunciation is closer to an English B than to an English V, the reason why you misheard that V.
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1I know this is an almost 10 year old question and answer, an dI'm sure the OP has moved on, but I think that the key issue the OP was facing was how "v" is pronounced in Spanish - sounding like an English "b"– Peter MCommented Apr 2 at 23:37
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