Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “pit”

See all translations

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

pup

a baby of particular animals, or a puppy

Word of the Day

I won’t tolerate it! Replacing formal words with phrasal verbs.

by Liz Walter,
April 01, 2015
When you are using a language, it is important to understand if a word is formal or informal, so that you can use it in an appropriate way. You might hear people saying dosh for money, or spud for potato, but they wouldn’t write those words in a formal essay. Similarly, a

Read More 

stackin’ p

March 30, 2015
idiom slang earning a lot of money ‘That’s a very generous present.”Yeah, well, she’s stackin’ p, innit?’

Read More