(business, finance) An area on a trading floor that is a focus for trading certain items, often specially furnished with equipment or taking the shape of a small amphitheatre.

The bottom of a central mineshaft.

A wooden beam used as a support within a mineshaft or tunnel.

plural of pit viper

(Tyneside, derogatory) A term of abuse directed at inhabitants of mining villages of County Durham and Northumberland. / (Tyneside) Someone who speaks pitmatic.

(now rare) The eye socket; the concave area of the face around each eye.

The bottom of the abdomen

(construction, civil engineering) A pit dug to extract material (such as soil, gravel, or sand) for use at another location.

plural of pit frame

(mining) A headframe.