The Collaborative International Dictionary of English v.0.48:
Hairspring \Hair"spring`\ (-spr[i^]ng`), n. (Horology) The slender recoil spring which regulates the motion of the balance in a timepiece. [1913 Webster]WordNet (r) 3.0 (2006):
hairspring n 1: a fine spiral spring that regulates the movement of the balance wheel in a timepiece