margarita mar·ga·rita UK/ˌmɑː.ɡəˈɹiː.tə/ US/ˌmɑɹ.ɡəˈɹi.tə/ fairly common noun 1. a cocktail made of tequila and triple sec with lime and lemon juice Related words Broader terms cocktail WordNet 2.1 (Princeton University). Wiktionary (CC BY-SA). CMU Pronouncing Dictionary. WordNet 2.1 Copyright Princeton University. All rights reserved.