\ˈkän-ˌdü-ət, -ˌdyü- also -dwət, -dət\
Function: noun
Etymology: Middle English, from Anglo-French cunduit pipe, passage, conduct, in part from cunduit, past participle of cunduire to lead, from Latin conducere, in part from Medieval Latin conductus.
Date: 14th century

1: a natural or artificial channel through which something (as a fluid) is conveyed
2 archaic : fountain
3: a pipe, tube, or tile for protecting electric wires or cables
4: a means of transmitting or distributing (a conduit for illicit payments) (a conduit of information)

--from Merriam-Webster online