Wall clouds form under the rain-free base (bottom) of cumulonimbus clouds. It takes its name from the fact that it resembles a dark gray wall (sometimes rotating) that lowers down from the base of the parent storm cloud, usually just before a tornado is about to form. In other words, it is the cloud from which a tornado spins.
Wall clouds form as the thunderstorm updraft draws in air near the ground from several miles around, including from the nearby rain shaft. This rain-cooled air is very humid and the moisture within it quickly condenses below the rain-free base to create the wall cloud.
Source: Means, Tiffany. “Clouds That Spell Severe Weather.” ThoughtCo, Aug. 1, 2021, thoughtco.com/clouds-that-spell-severe-weather-4089934.