From The Collaborative International Dictionary of English v.0.48 :
Tulipwood \Tu"lip*wood`\, n.
The beautiful rose-colored striped wood of a Brazilian tree
({Physocalymna floribunda), much used by cabinetmakers for
inlaying.
[1913 Webster]
Queensland tulipwood, the variegated wood of an Australian
sapindaceous tree ({Harpullia pendula). --J. Smith (Dict.
Econ. Plants).
[1913 Webster]
From WordNet (r) 3.0 (2006) :
tulipwood
n 1: the variegated or showily striped ornamental wood of
various tulipwood trees
2: light easily worked wood of a tulip tree; used for furniture
and veneer [syn: tulipwood, true tulipwood, whitewood,
white poplar, yellow poplar]