crape myrtle

also crepe myrtle
n.
A deciduous shrub (Lagerstroemia indica) native to China and widely cultivated in warm regions for its showy clusters of variously colored flowers with crinkled petals.

For more information on crape myrtle, visit Britannica.com.

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The noun has one meaning:

Meaning #1: ornamental E. Indian shrub commonly planted in southern United States
  Synonyms: crepe myrtle, crepe flower, Lagerstroemia indica

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