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Princeton's WordNet(0.00 / 0 votes)Rate this definition: 1  carat(noun) a unit of weight for precious stones = 200 mg. 2  karat, carat, kt(noun) the unit of measurement for the proportion of gold in an alloy; 18-karat gold is 75% gold; 24-karat gold is pure gold.
Confidence votes 263. The phrase carat TW means the carat total weight. This implies there may be multiple diamonds involved in the piece of jewelry and when they are all added together, one-tenth of a carat is their combined weight. Carat is just a diamond industry special word for weight of a diamond stone.