"Hunkey" is a slang term that typically means something is satisfactory or working well. However, there are several other words that can be used interchangeably with this term. Synonyms include "copacetic," which is a term that refers to something being perfectly fine or in excellent order. Other words that can be used in place of "hunkey" include "dandy," "jake," "hunky-dory," and "shipshape." These terms all convey a similar meaning of things being in good condition or running smoothly. In everyday conversations, people often use these synonyms for "hunkey" to convey their message more effectively.