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A wax is a simple lipid which is an ester of a long-chain alcohol and a fatty acid. The alcohol may contain from 12-32 carbon atoms. Waxes are found in nature as coatings on leaves and stems. The wax prevents the plant from losing excessive amounts of water.
â¢ MINERAL WAX (noun). The noun MINERAL WAX has 1 sense: 1. a waxy mineral that is a mixture of hydrocarbons and occurs in association with petroleum; some varieties are used in making ceresin and candles. Familiarity information: MINERAL WAX used as a noun is very rare.Dictionary entry details.. a waxy mineral that is a mixture of hydrocarbons and occurs in association with petroleum; some varieties are used in making ceresin and candles. Familiarity information: MINERAL WAX used as a noun is very rare. Dictionary entry details.