Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “pit”

pit

noun [C]
 
 
/pɪt/
STOCK MARKET the area of a stock exchange used for trading: Many traditional pits have moved their business to electronic trading systems. → Compare the floor
NATURAL RESOURCES a deep area underground from which a natural resource is taken by digging: a coal/clay/gravel pit
(Definition of pit from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of pit?
Add Cambridge dictionaries to your browser to your website

More Business English definitions for “pit”

Definitions of “pit” in other dictionaries

Word of the Day

improvisation

a performance that an actor, musician, etc. has not practised or planned

Word of the Day

Blog

Read our blog about how the English language behaves.

Learn More

New Words

Find words and meanings that have just started to be used in English, and let us know what you think of them.

Learn More