Lagoon's boundary (5)
I believe the answer is:
atoll
'lagoon's boundary' is the definition.
(I've seen this in another clue)
This is the entire clue.
(Other definitions for atoll that I've seen before include "Bikini, say" , "Allot (anag.)" , "land threatened by rising sea levels" , "Coral island surrounding a lagoon" , "String of islands" .)