The term TYPE OF PAN can be answered with the word BUNDT, which is a five-letter word. A Bundt pan is a type of cake pan that is shaped like a ring or a tube and is often used to make cakes with a decorative shape. The Bundt pan was invented in 1950 by H. David Dalquist, who founded the Nordic Ware company. The name 'Bundt' is derived from the German word 'bund, ' which means 'a gathering of people.'