A pond is a small, still, land-based body of water formed by pooling inside a depression, either naturally or artificially. A pond is smaller than a lake and there are no official criteria distinguishing the two, although defining a pond to be less than 5 hectares (12 acres) in area, less than 5 metres (16 ft) in depth and with less than 30% of its area covered by emergent vegetation helps in distinguishing the ecology of ponds from those of lakes and wetlands.

Ponds can be created by a wide variety of natural processes (e.g. on floodplains as cutoff river channels, by glacial processes, by peatland formation, in coastal dune systems, by beavers). They can simply be isolated depressions (such as a kettle hole, vernal pool, prairie pothole, or simply natural undulations in undrained land) filled by runoff, groundwater, or precipitation, or all three of these. They can be further divided into four zones: vegetation zone, open water, bottom mud and surface film.

The size and depth of ponds often varies greatly with the time of year; many ponds are produced by spring flooding from rivers. Ponds are usually freshwater but may be brackish in nature. Saltwater pools, with a direct connection to the sea to maintain full salinity, may sometimes be called 'ponds' but these are normally regarded as part of the marine environment. They do not support fresh or brackish water-based organisms, and are rather tidal pools or lagoons.

Ponds are typically shallow water bodies with varying abundances of aquatic plants and animals. Depth, seasonal water level variations, nutrient fluxes, amount of light reaching the ponds, the shape, the presence of visiting large mammals, the composition of any fish communities and salinity can all affect the types of plant and animal communities present. Food webs are based both on free-floating algae and upon aquatic plants. There is usually a diverse array of aquatic life, with a few examples including algae, snails, fish, beetles, water bugs, frogs, turtles, otters, and muskrats. Top predators may include large fish, herons, or alligators. Since fish are a major predator upon amphibian larvae, ponds that dry up each year, thereby killing resident fish, provide important refugia for amphibian breeding. Ponds that dry up completely each year are often known as vernal pools. Some ponds are produced by animal activity, including alligator holes and beaver ponds, and these add important diversity to landscapes.

Ponds are frequently man made or expanded beyond their original depths and bounds by anthropogenic causes. Apart from their role as highly biodiverse, fundamentally natural, freshwater ecosystems ponds have had, and still have, many uses, including providing water for agriculture, livestock and communities, aiding in habitat restoration, serving as breeding grounds for local and migrating species, decorative components of landscape architecture, flood control basins, general urbanization, interception basins for pollutants and sources and sinks of greenhouse gases.

The technical distinction between a pond and a lake has not been universally standardized. Limnologists and freshwater biologists have proposed formal definitions for pond, in part to include 'bodies of water where light penetrates to the bottom of the waterbody', 'bodies of water shallow enough for rooted water plants to grow throughout', and 'bodies of water which lack wave action on the shoreline'. Each of these definitions are difficult to measure or verify in practice and are of limited practical use, and are mostly not now used. Accordingly, some organizations and researchers have settled on technical definitions of pond and lake that rely on size alone.

Some regions of the United States define a pond as a body of water with a surface area of less than 10 acres (4.0 ha). Minnesota, known as the "land of 10,000 lakes", is commonly said to distinguish lakes from ponds, bogs and other water features by this definition, but also says that a lake is distinguished primarily by wave action reaching the shore. Even among organizations and researchers who distinguish lakes from ponds by size alone, there is no universally recognized standard for the maximum size of a pond. The international Ramsar wetland convention sets the upper limit for pond size as 8 hectares (80,000 m²; 20 acres). Researchers for the British charity Pond Conservation (now called Freshwater Habitats Trust) have defined a pond to be 'a man-made or natural waterbody that is between 1 m² (0.00010 hectares; 0.00025 acres) and 20,000 m² (2.0 hectares; 4.9 acres) in area, which holds water for four months of the year or more.' Other European biologists have set the upper size limit at 5 hectares (50,000 m²; 12 acres).

In North America, even larger bodies of water have been called ponds; for example, Crystal Lake at 33 acres (130,000 m²; 13 ha), Walden Pond in Concord, Massachusetts at 61 acres (250,000 m²; 25 ha), and nearby Spot Pond at 340 acres (140 ha). There are numerous examples in other states, where bodies of water less than 10 acres (40,000 m²; 4.0 ha) are being called lakes. As the case of Crystal Lake shows, marketing purposes can sometimes be the driving factor behind the categorization.