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bundwall

British  
/ ˈbʌndˌwɔːl /

noun

  1. a concrete or earth wall surrounding a storage tank containing crude oil or its refined product, designed to hold the contents of the tank in the event of a rupture or leak

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Etymology

Origin of bundwall

C20: from bund + wall