(Finans) A financial entity that purchases mortgage-backed securities from a third party to resell to investors with new terms that will make the sale profitable for the issuing entity. The conduit will usually pool enough funds from the mortgage-back securities before reissuing the funds to another party. A conduit may be used if a borrower is unable to meet the requirements of the original lender
A pipe, usually metal, that runs underground, from floor to floor, or along a floor or ceiling to protect cables In the riser backbone subsystem when riser telecommunications closets are not aligned, conduit is used to protect cable and to provide the means for pulling cable from floor to floor In the horizontal subsystem, conduit may be used between a telecommunications closet and an information outlet in an office or other room Conduit is also used for campus distribution, where it is run between buildings and intermediate manholes and is made of PVC occasionally encased in concrete Multiduct conduit may also be used
A small piece of software stored on your PC and accessible through the Palm HotSync Manager A conduit is used to HotSync data from applications on your Palm with either an application on your PC or the web