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Fausset's Bible Dictionary
The Septuagint Greek term from stazoo "to drop." One ingredient in the holy perfume (Exodus 30:34), nataph; also in Job 36:27. Literally, anything that drops, as e.g. the purest myrrh, that drops as a tear spontaneously from the tree. Storax or Styrax officinale of Syria is probably meant. The leaves resemble those of the poplar, downy beneath, with sweet-scented snow-white flowers clustered on the ends of the branches. It grows about 20 ft. high; the reddish yellow gum resin which exudes from the bark contains benzoic acid; the Hindus burn the benzoin in their temples.
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Fausset, Andrew R. Entry for 'Stacte'. Fausset's Bible Dictionary. https://www.studylight.org/dictionaries/eng/fbd/s/stacte.html. 1949.