Noun

1. An inland body of standing water, either natural or man-made, that is smaller than a lake.
2. (colloquial) The Atlantic Ocean. Especially in across the pond.

Verb

1. To block the flow of water so that it can escape only through evaporation or seepage; to dam.
   • 2004, Calvin W. Rose, An Introduction to the Environmental Physics of Soil, Water and Watersheds http://books.google.com/books?id=TxCQ-DaSIwUC, ISBN 0521536790, page 201:

   The rate of fall of the surface of water ponded over the soil within the ring gives a measure of the infiltration rate for the particular enclosed area.