Source : Webster's Revised Unabridged Dictionary (1913)

Talipot \Tal"i*pot\, n. [Hind. t[=a]lp[=a]t the leaf of the
   tree.] (Bot.)
   A beautiful tropical palm tree ({Corypha umbraculifera}), a
   native of Ceylon and the Malabar coast. It has a trunk sixty
   or seventy feet high, bearing a crown of gigantic fan-shaped
   leaves which are used as umbrellas and as fans in ceremonial
   processions, and, when cut into strips, as a substitute for
   writing paper.

Source : WordNet®

talipot
     n : tall palm of southern India and Sri Lanka with gigantic
         leaves used as umbrellas and fans or cut into strips for
         writing paper [syn: {talipot palm}, {Corypha
         umbraculifera}]