Source : Webster's Revised Unabridged Dictionary (1913)

Baphomet \Baph"o*met\, n.[A corruption of Mahomet or Mohammed,
   the Arabian prophet: cf. Pr. Bafomet, OSp. Mafomat, OPg.
   Mafameda.]
   An idol or symbolical figure which the Templars were accused
   of using in their mysterious rites.