lit
n.
1
"color, hue, dye," early 12c., from Old Norse litr "color," from Proto-Germanic *wlitiz (cognates: Old English wlite "brightness, beauty," Old Frisian wlite "exterior, form," Gothic *wlits "face, form").
2
colloquial shortening of literature, attested by 1850.
adj.
past participle adjective from light, v.2. Slang meaning "drunk" is recorded from 1914.