OLIT Full Form. Full Meaning of OLIT Find long form and abbreviation, slang or definition of OLIT. What does OLIT mean? What does OLIT stand for? We are providing world largest and most comprehensive acronyms, names, abbreviations database directory on the Internet. Our data base contains more than 8,00,000 terms abbreviations and acronyms. You can also search unique terms more than 4,00,000 general Comprehensive words.