Short for web lift.
The act of "lifting" (stealing, plagiarizing, borrowing) informtion from a website. The typical purpose is twofold:
1) To advertise another's idea as one's own creation.
2) To incorporate / remix lifted ideas
into new creations.
An act of blifting.
My friend, you blifted that idea from Slashdot.
I blifted the term "blift" a long time ago, from a website far, far away...