No pasa nada.

English Translation

There’s no harm done.

So Pasa doesn’t seem to mean “harm”? But if this translation is right, it must?

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No pasa nada = Nothing happened

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The given translation is very far from literal (the literal translation is “nothing is happening” [present tense]) but it some contexts it does indeed mean something like “no harm done.” Or “Don’t worry, it’s not a big deal.”