1 definition by Derpsloth

It has become ignited; on fire.

Things and/or people are now lit and/or intoxicated, fam. Shit's getting pretty crazy out here. You sure you wanna stay at home with that girlfriend that ain't lit and ain't put out?
Aight, fam, its lit, let's kick this pig
by Derpsloth December 16, 2015
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