Oakum
Oakum is a preparation of tarred fibre used to seal gaps. Its main traditional applications were in shipbuilding, for caulking or packing the joints of timbers in wooden vessels and the deck planking of iron and steel ships; in plumbing, for sealing joints in cast iron pipe; and in log cabins for chinking. In ship caulking, it was forced between the seams using a hammer and a caulking iron, then sealed into place with hot pitch.
Caulk
Modern caulking compounds are flexible sealing compounds used to close up gaps in buildings and other structures against water, air, dust, insects, or as a component in firestopping. In the tunnelling industry, caulking is the sealing of joints in segmental precast concrete tunnels, commonly by using concrete.