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The Collaborative International Dictionary of English v.0.48:

Dunder \Dun"der\, n. [Cf. Sp. redundar to overflow.] The lees or dregs of cane juice, used in the distillation of rum. [West Indies] [1913 Webster] The use of dunder in the making of rum answers the purpose of yeast in the fermentation of flour. --B. Edwards. [1913 Webster]