What is the meaning of Flume?

A ravine or gorge, usually one with water running through.

An open channel or trough used to direct or divert liquids, especially to carry materials (logs, mined material, etc) or people (as a water slide), especially (but not always) one where the walls are raised above the surrounding terrain rather than recessed like a ditch.

To transport (logs of wood) by floating them along a water-filled channel or trough.

Alternative form of frume

river

Source: wiktionary.org