the act of being pleased about something, or having something strike one as good (see Molina)
Alonso de Molina:
tlayequitaliztli. el acto de agradar algo a alguno, y parecerle bien. Alonso de Molina, Vocabulario en lengua castellana y mexicana y mexicana y castellana, 1571, part 2, Nahuatl to Spanish, f. 121v. col. 1. Thanks to Joe Campbell for providing the transcription.