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A word that millenials use for "cool".
Bob: "Ayyy man did you go to that party last night? I heard it was the bomb!"
Brad: "Yea bro it was lit!"
Acronym: L(Ife) I(ntercepting) T(ime) -LIT: Depicting A Mode or attitude.
I.e.: When you're on the level of "fucked up" where you're entire mind/body has been altered to the point that time is irrelevant and anybody/everybody is worth talking too.
EX: BOOM, it's suddenly 4:02am and you have no idea how you got here or how you passed the last few hours of your time sitting in the dark, happily listening to a candle "crackle" so, you break out your phone and start texting "friends". New, old, good or bad. It doesn't matter, if they answer you love them, even that hideous one-night stand from 4 years ago. Everybody gets love and You love them hard for a little but you still get angry at the ones that don't answer, because "why aren't you like, up at 4:15 am with me; talking about the universe's secrets, or like, enjoying life and this candle's majestic 'crackle' with me and shit."
Because - when you're this fuckedup, time is irrelevant and you can stop the sun from rising and Wednesday morning from coming. It's LIT
see also, LITuation, Lit Mode
Friend1 : "why the hell did you text me a poem about a candle "crackling" at 4:34am?
Friend2: "oops... Sorry I was LIT and looking back at my texts... Jesus should have taken my iPhone instead of the wheel. It's going to be an awkward day of 'sorry I was LIT' conversations."
Friend1: "you really need to stop hanging out with Molly on work nights, you got too LIT for a Tuesday night. How're you going to get through today?"
Friend 2: idk but man you can bet I'll still be fucking lit all day long. "too lit", there's no such thing.
A past tense for providing light or lighting yet is a cringy way to describe something fun or exciting.
Cringy Person: Wow that party was lit, I got so much swag!
Normal Person: Stop using lit like that you faggot.