pearlite Syllabification: (pearl·ite)Pronunciation: /ˈpərˌlīt/Definition of pearlite noun Metallurgy a finely laminated mixture of ferrite and cementite present in cast iron and steel, formed by the cooling of austenite. Origin: late 19th century: from pearl1 + -ite1pearlite in other Oxford dictionaries Definition of pearlite in the British & World English dictionary