ellipse
Concise Oxford English Dictionary © 2008 Oxford University Press:
ellipse /ɪˈlɪps/
▶noun a regular oval shape, traced by a point moving in a plane so that the sum of its distances from two other points (the foci) is constant, or resulting when a cone is cut by an oblique plane which does not intersect the base.
'ellipse' also found in these Oxford entries:

