# Pit (also in German; often also Parkett)

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- Post ID: 591923
- Modified: 2023-07-25T21:12:12+00:00
- Language: en

## Definition

The factual or also spatial department (the trading area; area) on an exchange, for example for wheat (that part of the floor of exchange devoted to a special branch of business, as: wheat pit). - The stand (workstation; work-place) of a broker on the exchange, the trader's stand. - See Floor. Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec. Professor Dr. Eckehard Krah, Dipl.rer.pol. E-mail address: info@ekrah.com https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk https://www.jung-stilling-gesellschaft.de/merk/ https://www.gerhardmerk.de/

## Machine-readable

- Generator: Merk Knowledge 1.1.1