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TeachMeFinance.com - explain settling pond (water quality) settling pond (water quality) The term 'settling pond (water quality)' as it applies to the area of water can be defined as 'an open lagoon into which wastewater contaminated with solid pollutants is placed and allowed to stand. The solid pollutants suspended in the water sink to the bottom of the lagoon and the liquid is allowed to overflow out of the enclosure'.
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