elkwood

from The Century Dictionary.

• noun The umbrella-tree, Magnolia Umbrella, of the southern United States, a small tree with soft, light, close-grained wood.

from the GNU version of the Collaborative International Dictionary of English.

• noun The soft, spongy wood of a species of Magnolia (M. Umbrella).

from Wiktionary, Creative Commons Attribution/Share-Alike License.

• noun US The soft, spongy wood of Magnolia umbrella.

from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.

• noun small deciduous tree of eastern North America having creamy white flowers and large leaves in formations like umbrellas at the ends of branches
• noun small deciduous tree of eastern North America having creamy white flowers and large leaves in formations like umbrellas at the ends of branches