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n a conduit made of pipes used to convey water, gas or petroleum etc

n a channel (either physical or logical) by which information is transmitted sequentially (that is, the first information in is the first information out).

n a system through which something is conducted

n (context|surfing): The inside of a wave that a surfer is riding, when wave has started closing over.

v (transitive) To convey something by a system of pipes

v (transitive) To lay a system of pipes through something

v (computing|transitive) To design (a microchip etc.) so that processing takes place in efficient stages, the output of each stage being fed as input to the next.