1.nounAn allotrope of carbon, consisting of planes of carbon atoms arranged in hexagonal arrays with the planes stacked loosely, that is used as a dry lubricant and in "lead" pencils.
2.nounShort for graphite-reinforced plastic, a composite plastic made with graphite fibers noted for light weight strength and stiffness.
"Modern tennis racquets are made of graphite, fibreglass and other man-made materials."