austenite n 1: a solid solution of ferric carbide or carbon in iron; cools to form pearlite or martensite
austenite \austenite\ n. (Metallurgy) [From W. C. Roberts-Austen, an English metallurgist.] a solid solution of ferric carbide or carbon in iron; -- it cools to form pearlite or martensite. [WordNet 1.5]