pitch

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Ring

A place on an exchange assigned for the trading of certain commodities, futures, or options. It is also called a pit or a trading pit.

pitch

The slope of a roof, sidewalk, or other surface. The Americans with Disabilities Act has specific requirements for the pitch of access ramps leading to building entrances.

Example: Figure A has a 1:12 pitch because the slope rises 1 foot for every 12 feet of distance. Figure B has a 1:6 pitch.