The Collaborative International Dictionary of English v.0.48:

Cocobolo \Co`co*bo"lo\, Cocobolas \Co`co*bo"las\, n. [Sp.
   cocobolo.] (Bot.)
   A very beautiful and hard wood, obtained in the West India
   Islands. It is used in cabinetmaking, for the handles of
   tools, and for various fancy articles.
   [1913 Webster]