Light--20% fewer letters, same great pronunciation!
Used to describe a new product or trend that is healthier, cheaper, or wussier (but rarely all three) than the original.
See Miller Lite, Kazaa Lite, lite rock.
In its proper use, lite should appear AFTER the noun it is modifying. This gives the term an appropriately quirky feel.
Your local community college--University Lite.
Prices shown in USD.
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