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1.
A slang term used to define something as being "nice" or "cool". This term is oftenly utilized in general speech by and amoung adolescents.
"Bro, that party was lyth...no doubt."
"Try this man, trust, its lyth...no lie"
"That was lyth"
by Quinn Hastings March 24, 2007
 
2.
A lyth is a mixture of a lie and a myth. It is used to degrade or to afflict by posing as if something that cannot be proved has imposed the degradation. For instance, the idea that slaves had no souls was used to denigrate slave. One can not prove nor disprove the existence of souls. The lyth was used to appease the conscience of the slaveholders and further harm the slaves.
The slaves endured the lyth that they had no souls.
by FrankMueller December 14, 2010
 
3.
A slang term used to define something as being "nice" or "cool". This term is oftenly utilized in general speech by and amoung adolescents.
"Bro, that party was lyth...no doubt."
"Try this man, trust, its lyth...no lie"
"That was lyth"
by Dregon March 19, 2007