Summarit
Refers to the maximum lens aperture here 1.5. Presumably the name is a derivative of the root "Summicron" name in the same way "Elmarit" was derived from the slower "Elmar".
Summicron
Refers to the maximum lens aperture here 2.0. There are many guesses how this name came about, the most popular being that the "summi" came from "summit" (of lens performance) while the "cron" came from "chroma" (ie. for colour).
Summilux
Refers to the maximum lens aperture here 1.4. "Summi" for "summit of performance" (same root as "Summicron"), with "lux" added for "light" (ie. enhanced light gathering abilities).