Indeed. It is a short form of "Bundushathur", Gimli uses that once. It's the Dwarven name of Cloudyhead (I hope it's the correct name. Fanuidhol in Elvish).
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"Should the story say 'he ate bread,' the dramatic producer can only show 'a piece of bread' according to his taste or fancy, but the hearer of the story will think of bread in general and picture it in some form of his own." -On Fairy-Stories
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