comes from the root 'leet' meaning elite and/or of some higher importance. more commonly used as a derogative meaning superior. the prefix 'f' short for 'f**king' creates a new meaning 'fucking lite' commonly used in the day-to-day syntax of the common online gangsta and/or bitches and hoes.
"I watched star wars yesterday. It wasn't very fleet"
by fatmalakalikesdick May 19, 2005