light / lite are similar-sounding terms with different meanings (referred to as homophones). To better understand the differences, see below for definitions, pronunciation guides, and example sentences using each term. 👇
light: (noun) (physics) electromagnetic radiation that can produce a visual sensation. (noun) any device serving as a source of illumination. (noun) a particular perspective or aspect of a situation. (noun) an illuminated area. (noun) a condition of spiritual awareness; divine illumination. (noun) the visual effect of illumination on objects or scenes as created in pictures. (noun) a person regarded very fondly. (noun) having abundant light or illumination. (noun) mental understanding as an enlightening experience. (noun) public awareness. (noun) a visual warning signal. (verb) make lighter or brighter. (adjective) of comparatively little physical weight or density. (adjective) (used of color) having a relatively small amount of coloring agent. (adjective) of the military or industry; using (or being) relatively small or light arms or equipment. (adjective) not great in degree or quantity or number. (adjective) psychologically light; especially free from sadness or troubles. (adjective) characterized by or emitting light. (adjective) easily assimilated in the alimentary canal; not rich or heavily seasoned. (adjective) (used of soil) loose and large-grained in consistency. (adjective) moving easily and quickly; nimble. (adjective) demanding little effort; not burdensome. (adjective) of little intensity or power or force. (adjective) (physics, chemistry) not having atomic weight greater than average. (adjective) very thin and insubstantial. (adjective) less than the correct or legal or full amount often deliberately so. (adjective) having little importance. (adjective) intended primarily as entertainment; not serious or profound. (adjective) designed for ease of movement or to carry little weight. (adjective) having relatively few calories. (adjective) (of sleep) easily disturbed.
lite: NA
light: l·AY·t
lite: l·AY·t
(Examples are Wikipedia snippets under the CC ShareAlike 3.0 license. Definitions drawn from WordNet.)