1) An abbreviated version of "legit"
2) An abbreviated version of "littered"
3) Drunk or high
4) Can be used to describe a good looking guy/girl. as in saying they're on fire!
1) "Dude how did you miss that party last night? it was LIT!"
2) "Wow, this place is seriously lit with trannys."
3) "Did I really do that? Shit, i was way too lit last night"
4) "See that guy over there? He's seriously lit..daaaang"
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