1. (n.)wax palm a tall, pinnate-leaved palm, Ceroxylon alpinum (or C. andicola), of the Andes, whose stem and leaves yield a resinous wax.
2. wax palm any of several other palms that are the source of wax, as the carnauba.
Etymology: (1820–30)
Definition of 'wax palm'
Princeton's WordNet
1. (noun)caranday, caranda, caranda palm, wax palm, Copernicia australis, Copernicia alba South American palm yielding a wax similar to carnauba wax
2. (noun)carnauba, carnauba palm, wax palm, Copernicia prunifera, Copernicia cerifera Brazilian fan palm having an edible root; source of a useful leaf fiber and a brittle yellowish wax
3. (noun)wax palm, Ceroxylon andicola, Ceroxylon alpinum palm of the Andes yielding a resinous wax which is mixed with tallow to make candles