VASELINE Meaning of VASELINE in English [ 'vasɪli:n ]■ noun trademark a type of petroleum jelly used as an ointment and lubricant.OriginC19: formed irregularly from Ger. Wasser + Gk elaion 'oil' + -ine 4 . Concise Oxford English vocab. Сжатый оксфордский словарь английского языка. 2004