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cronut

n. A pastry which combines characteristics of a croissant and a doughnut.

Wikipedia
Cronut

Cronut is a croissant- doughnut pastry invented by New York City pastry chef Dominique Ansel and trademarked by Dominique Ansel Bakery. The pastry is made by frying a laminated dough in grape seed oil. The fried pastry is then sugared, filled, and glazed. To purchase one of these pastries at the original bakery location in SOHO, Manhattan, people wait in line starting as early as 5:30am to await the store opening at 8:00am EST.

The Boston Globe described the Cronut as a "food portmanteau". In December 2013, Time magazine named the cronut as one of the "25 Best Inventions" of 2013.