The Collaborative International Dictionary of English v.0.48:

New Zealand \New` Zea"land\
   A group of islands in the South Pacific Ocean.
   [1913 Webster]

   New Zealand flax.
   (a) (Bot.) A tall, liliaceous herb (Phormium tenax), having
       very long, sword-shaped, distichous leaves which furnish
       a fine, strong fiber very valuable for cordage and the
       like.
   (b) The fiber itself.

   New Zealand tea (Bot.), a myrtaceous shrub (Leptospermum
      scoparium) of New Zealand and Australia, the leaves of
      which are used as a substitute for tea.
      [1913 Webster]

WordNet (r) 3.0 (2006):

New Zealand
    n 1: an independent country within the British Commonwealth;
         achieved independence from the United Kingdom in 1907;
         known for sheep and spectacular scenery
    2: North Island and South Island and adjacent small islands in
       the South Pacific [syn: New Zealand, New Zealand Islands]