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/Sounds like "TRAHN" (as in "tract") + "kee" (as in "keep")/

Meaning

Chill, relaxed, no drama, everything is fine. The shortened form of "tranquilo" used across Argentina, Uruguay, and Chile. It is the verbal equivalent of a casual wave that says "relax, do not stress, we are good" without wasting a single syllable.

Examples

Everything good? Yeah, tranqui, no problem at all.

Tranqui, do not worry about that right now, it will sort itself out.

In Spain, to break or completely wreck something that was working, whether an object, a project, or a situation. Can also mean to take someone out or end something permanently. Carries the sense of damage that is hard or impossible to undo.