Thank you so much – so is the following meant here?
http://www.learn2knit.co.uk/knitting/images/LearnToKnit_Fig0...As you can see, the needles are at the top and the stitches are indeed wrapped around them.
So perhaps I was right about this dictionary entry referring to the process of making a stitch rather than the finished product?
Or does it perhaps refer to the stitches themselves but in the initial process of their formation?
In other words, is the dictionary definition portraying an action or a thing?