Oolite is a sedimentary rock

Sedimentary rock

Sedimentary rock are types of rock that are formed by the deposition of material at the Earth's surface and within bodies of water. Sedimentation is the collective name for processes that cause mineral and/or organic particles to settle and accumulate or minerals to precipitate from a solution....

 formed from ooids, spherical grains composed of concentric layers. The name derives from the Hellenic

Ancient Greek

Ancient Greek is the stage of the Greek language in the periods spanning the times c. 9th–6th centuries BC, , c. 5th–4th centuries BC , and the c. 3rd century BC – 6th century AD of ancient Greece and the ancient world; being predated in the 2nd millennium BC by Mycenaean Greek...

 word òoion for egg

Egg (biology)

An egg is an organic vessel in which an embryo first begins to develop. In most birds, reptiles, insects, molluscs, fish, and monotremes, an egg is the zygote, resulting from fertilization of the ovum, which is expelled from the body and permitted to develop outside the body until the developing...

. Strictly, oolites consist of ooids of diameter 0.25–2 mm; rocks

Rock (geology)

In geology, rock or stone is a naturally occurring solid aggregate of minerals and/or mineraloids.The Earth's outer solid layer, the lithosphere, is made of rock. In general rocks are of three types, namely, igneous, sedimentary, and metamorphic...

 composed of ooids larger than 2 mm are called pisolite

Pisolite

A pisolite is a sedimentary rock made of pisoids, which are concretionary grains - often of calcium carbonate, but sometimes of rarer minerals - which resemble ooids but are always more than 2 mm in diameter. These grains are approximately spherical and have concentric layers reaching...

s. The term oolith can refer to oolite or individual ooids.
Ooids are most commonly composed of calcium carbonate

Calcium carbonate

Calcium carbonate is a chemical compound with the formula CaCO3. It is a common substance found in rocks in all parts of the world, and is the main component of shells of marine organisms, snails, coal balls, pearls, and eggshells. Calcium carbonate is the active ingredient in agricultural lime,...

 (calcite

Calcite

Calcite is a carbonate mineral and the most stable polymorph of calcium carbonate . The other polymorphs are the minerals aragonite and vaterite. Aragonite will change to calcite at 380-470°C, and vaterite is even less stable.-Properties:...

 or aragonite

Aragonite

Aragonite is a carbonate mineral, one of the two common, naturally occurring, crystal forms of calcium carbonate, CaCO3...

), but can be composed of phosphate, chert

Chert

Chert is a fine-grained silica-rich microcrystalline, cryptocrystalline or microfibrous sedimentary rock that may contain small fossils. It varies greatly in color , but most often manifests as gray, brown, grayish brown and light green to rusty red; its color is an expression of trace elements...

, dolomite

Dolomite

Dolomite is a carbonate mineral composed of calcium magnesium carbonate CaMg2. The term is also used to describe the sedimentary carbonate rock dolostone....

 or iron

Iron

Iron is a chemical element with the symbol Fe and atomic number 26. It is a metal in the first transition series. It is the most common element forming the planet Earth as a whole, forming much of Earth's outer and inner core. It is the fourth most common element in the Earth's crust...

 minerals, including hematite

Hematite

Hematite, also spelled as haematite, is the mineral form of iron oxide , one of several iron oxides. Hematite crystallizes in the rhombohedral system, and it has the same crystal structure as ilmenite and corundum...

.