Meaning of “pit” - Learner’s Dictionary

pit

noun [ C ] uk us /pɪt/
HOLE

a large hole that has been dug in the ground

SEED US (UK stone)

a large, hard seed that grows inside some types of fruit and vegetables

COAL (also US pit mine, us )

a place where coal is dug out from under the ground:

Thousands of jobs were lost as more pits closed.
the pits

UK (US the pit) the place where racing cars stop to be repaired or filled with fuel during a race

be the pits informal

to be very bad:

Our hotel was the absolute pits.

(Definition of “pit” from the Cambridge Learner’s Dictionary © Cambridge University Press)