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Basically Iliy means I like you, but in a shorter more secretive way.

It's pronounced as what each letter is.
Such as if someone said, "Hey, Jen, Iliy." Them meaning Hey Jen I like you.
How you respond to such a term would be, "Iliy2."
Also you can respond to this term as, "Keou." This is basically taking the missing words out of Iliy (I LI KE Y OU) and using them as if you were finishing what they were saying. Cute right?
Iliy by Loveismissused January 24, 2010
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A beautiful, smart and interesting girl. A person worth millions. She brings happiness to others, she is a living treasure.
Oh, look, It's Iliyana. Seing her made my day.
Iliyana by lolchoppa4e November 24, 2011
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Iliyan means pure soul and has a great heart. Everyone wants to their heart and soul touched by Iliyan.
It feels so good to be around him, he makes me feel so good, he must be an Iliyan.
Iliyan by ekmknowsbest. February 20, 2017
An 'Iliyas' is the very epitomy of modern society. Usually a male, he is able to attract, sexually, male and females due to his beauty, intelligence and humour.
Female 1: Oh gosh that guy just asked me out and he is so hot, and he's so funny, ermargersh!
Female 2: Then that's an 'Iliyas', you lucky bitch!
Iliyas by i12345 August 14, 2017
Brown boy from India that isn't really brown. He drives a Tesla and thinks he's the shit.
Iliyan is training to be a pilot.
usually some russian guy who enjoys a bag of weed or a bottle of vodka
iliya by iluha January 28, 2009
A normally relaxed, easy-going person, with quite normal abilities and morals. He isn't much for sports, but is slightly smarter than any average person, on top of this, he is quite the gamer, playing every game imaginable. He does not, however, ever rage from the video game, or insult other players online.
Vaagish: I love playin' games with Iliyan... He never swears in game.
Richard: right? He's pretty chill.
Iliyan by That Weirdo guy February 28, 2017