Etymology
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canola (n.)

"rapeseed," a euphemistic name coined 1978, supposedly involving Canada, where it was developed, and the root of oil (n.). For the older name see rape (n.2).

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Definitions of canola

canola (n.)
vegetable oil made from rapeseed; it is high in monounsaturated fatty acids;
Synonyms: canola oil
From wordnet.princeton.edu