oil palm

noun
an African feather palm, Elaeis guineensis, the fruits of which yield palm oil.

Origin:
1715–25

Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2013.
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Collins
World English Dictionary
oil palm
 
n
a tropical African palm tree, Elaeis guineensis, the fruits of which yield palm oil

Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009
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00:10
Oil palm is always a great word to know.
So is doohickey. Does it mean:
a gadget; dingus; thingumbob.
a scrap or morsel of food left at a meal.
Encyclopedia Britannica
Encyclopedia

oil palm

African tree cultivated as a source of oil in West and Central Africa, where it originated, and in Malaysia and Indonesia, and as an ornamental tree in many subtropical areas; or, the American oil palm, Elaeis oleifera, originating in Central and South America and sometimes cultivated under the erroneous name Elaeis melanococca, the oil of which was probably used for making candles by the early American colonizers.

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Encyclopedia Britannica, 2008. Encyclopedia Britannica Online.
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Example sentences
Oil palm yield potential is reduced when trees are exposed to stressful
  conditions.
The authors recommend oranges, oil palm and cashew as possible alternatives.
Oil palm raising also requires heavy chemical inputs.
Now, rubber and oil palm plantations have replaced the rain forest in many
  areas around the town.
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