From The Collaborative International Dictionary of English v.0.48 :
caranda \caranda\, caranday \caranday\n.
a South American palm ({Copernicia australis or Copernicia
alba) yielding a wax similar to carnauba wax.
Syn: caranday, caranda palm, wax palm.
[WordNet 1.5]
From WordNet (r) 3.0 (2006) :
caranda
n 1: South American palm yielding a wax similar to carnauba wax
[syn: caranday, caranda, caranda palm, wax palm,
Copernicia australis, Copernicia alba]