Definition of agarwood
: the soft, dark heartwood that is produced by any of various southeast Asian evergreen trees (genus Aquilaria, especially A. malaccensis synonym A. agallocha) when they become infected with a fungus and that contains a fragrant resin used chiefly to produce incense, perfumes, and traditional medicines With prices for noncultivated agarwood rising to $10,000 a kilo, few local shopkeepers welcome mere browsers.— Jennifer Gampell
— called also aloes, aloeswood, eaglewood
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something valued as if it were money
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