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2.
short for obliterated, it is a state of being completely wasted or crunked.
"Jay and I were completely oblit at that party last night," said Lee.
by s.hor May 19, 2006
 
1.
When you walk into a room and forget why you went there, or when looking for something and you forgot what you were looking for.

From Latin word for 'forgot': obliti
"Fuck man, I was looking for something but went completely oblit"

Or

"Why did you just walk in and out again?"
"Sorry, I just oblit"
by Amnesthesia August 15, 2013