• Conduit

    Origin

    From Old French conduit, from Latin conductus.

    Full definition of conduit

    Noun

    conduit

    (plural conduits)
    1. A pipe or channel for conveying water etc.
    2. A duct or tube into which electrical cables may be pulled; a type of raceway.
    3. A means by which something is transmitted.
    4. (finance) An investment vehicle that issues short-term commercial paper to finance long-term off-balance sheet bank assets.

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