<p><strong>Noun</strong></p><ul><li>a fabric of silk, nylon, acetate, rayon, etc., sometimes having a cotton backing, with a thick, soft pile formed of loops of the warp thread either cut at the outer end or left uncut.</li><li>something likened to the fabric velvet, as in softness or texture: the velvet of her touch; the velvet of the lawn.</li><li>the soft, deciduous covering of a growing antler.</li><li>Informal: a very pleasant, luxurious, desirable situation.</li><li>Informal: money gained through gambling; winnings.</li><li>clear gain or profit, especially when more than anticipated.</li></ul><p><strong>Adjective</strong></p><ul><li>made of velvet or covered with velvet.</li><li>resembling or suggesting velvet; smooth; soft; velvety: a velvet night; a cat's velvet fur.</li></ul>