Lancewood \Lance"wood`\, n. (Bot.) A tough, elastic wood, often used for the shafts of gigs, archery bows, fishing rods, and the like. Also, the tree which produces this wood, Duguetia Quitarensis (a native of Guiana and Cuba), and several other trees of the same family (Anonase[ae]).

Australian lancewood, a myrtaceous tree (Backhousia Australis).

Source: Webster's Revised Unabridged Dictionary (1913)