Source : Webster's Revised Unabridged Dictionary (1913)

Lite \Lite\, a., adv., & n.
   Little. [Obs.] --Chaucer.

Source : WordNet®

lite
     adj : having relatively few calories; "diet cola"; "light (or
           lite) beer"; "lite (or light) mayonnaise"; "a low-cal
           diet" [syn: {light}, {low-cal}]

Source : Free On-Line Dictionary of Computing

lite
     
         (Misspelling of "light", when used to mean
        "lightweight") A suffix denoting a scaled-down or crippled
        product, often designed to be distributed without charge,
        e.g. on a magazine {coverdisk}.  An example is {pklite}.
     
        (1995-10-06)