It is sometimes traded as an "ironwood", or just as "ipê" (the entire genus Tabebuia), or as lapacho (properly Handroanthus serratifolius)
This species can be found under various names, including "ironwood", "ipê" (referring to the entire genus *Tabebuia*), and "lapacho" (specifically *Handroanthus serratifolius*).