Poon

from WordNet (r) 3.0 (2006)

poon
    n 1: wood of any poon tree; used for masts and spars
    2: any of several East Indian trees of the genus Calophyllum
       having shiny leathery leaves and lightweight hard wood

from The Collaborative International Dictionary of English v.0.48

Poon \Poon\, n. [Canarese ponne.]
   A name for several East Indian, or their wood, used for the
   masts and spars of vessels, as {Calophyllum angustifolium},
   {Calophyllum inophullum}, and {Sterculia f[oe]tida}; --
   called also {peon}.
   [1913 Webster]