1t'5 4 v4r14t10n 0f t3h w0rd 3l1t3 u53d by 14m3r5 wh0 th1nk th3y 4r3 3l1t3... 0ft3n us3d w1th 4r3 v4r1at10n 0f d1g1t5 1n5t34d 0f l3tt3r5...0ft3n u53d by 5cr1pt k1dd135 t0 d35cr18e th31r 5k1ll. (0ri9in4l d3finiti0n by 5cav3ng3r)
Translation: It's a variation of the word Elite, used by lamers who think they are Elite... often used with are variation of digits instead of letters... Often used by script kiddies to descripe their skill. (Original definition by scavenger)
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