The term 'CHIMNEY PIPE' is composed of two words, 'CHIMNEY' and 'PIPE'. The first word, 'CHIMNEY', refers to a vertical structure that is used to vent smoke and other gases from a fireplace or furnace. The second word, 'PIPE', is a tube or conduit that is used to transport liquids or gases. The crossword solution for this term is 'FLUE', which is a duct or passage for smoke and other gases to escape from a fireplace or furnace. Flues are typically made of metal or masonry and are connected to the CHIMNEY.