palm oil

American  

noun

1. a yellow butterlike oil derived from the fruit of the oil palm and used as an edible fat and for making soap, candles, etc.

2. oil obtained from various species of palm.

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palm oil British  

noun

1. a yellow butter-like oil obtained from the fruit of the oil palm, used as an edible fat and in soap

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Etymology

Origin of palm oil

First recorded in 1620–30

Example Sentences

AmInvestment Bank expects crude palm oil futures to find support at 4,044 ringgit a ton and face resistance at 4,190 ringgit a ton.

From The Wall Street Journal

Airlangga said that as part of the deal, Indonesia has secured tariff exemptions for more than 1,700 goods, including coffee, spices, chocolate, natural rubber and, notably, its top export product palm oil.

From BBC

Find insight on palm oil prices, European miners and more in the latest Market Talks covering Basic Materials.

From The Wall Street Journal

Outside of protected areas, palm oil plantations are a major source of deforestation.

From Barron's

Given current weakness in palm oil prices is likely temporary, the analysts see potential for Bumitama’s stock to re-rate over several months.

From The Wall Street Journal