Archaic form of light. (window or aperture in a building)
"We had to sit through a long lite before our table was ready at the restaurant."
A little, bit.
The act of waiting; a wait.
In plain English: Lite is a noun used to describe something that is made with less fat, sugar, or calories than the regular version.
"He decided to stick with lite beer for the party to keep his calorie count down."
Usage: The word "lite" is not used as a noun to mean "the act of waiting"; that definition describes the word "lite" only when it is mistakenly written instead of "light." In everyday usage, "lite" appears exclusively as an adjective meaning light or reduced in calories, fat, or sugar.
To expect; wait.
"Please lite for me at the corner before we cross the street."
"The diet soda company decided to lite their new product by removing extra sugar."
having relatively few calories
"diet cola"
"light (or lite) beer"
"lite (or light) mayonnaise"
"a low-cal diet"
Abridged; refers to a simpler or unpaid version of a product.
"The package contains only lite ingredients, so it will be easy to digest."
few; little
In plain English: Lite means made with less sugar, fat, or calories than the regular version.
"I bought some lite beer to go with my dinner."
Usage: Use "lite" only as a trademarked brand name or in informal advertising to suggest something lighter or reduced, such as coffee or beer. In standard writing, avoid using it as an adjective meaning "few" or "little" since the correct spelling for that definition is "light."
The word lite is simply a variation of light that originally meant lacking weight or substance. It traveled into English usage to describe foods and other items with reduced calories or fat content.