what is hermaphrodite?

Hermaphrodite is commonly known as bisexual organism, that is male and female reproductive parts present in the same organism.

Hermaphrodite of a flowering plant or flower having both stamens and carpels in the same flower. 

Hermaphrodite of an individual animal producing both sperm and ova, either simultaneously or sequentially. Commonly, but not exclusively, found in animals where habit makes contact with other individuals unlikely. e.g., many parasites. But rare in vertebrates.