Compound of 鉛筆(えんぴつ) (enpitsu, “pencil”) + 削(けず)り (kezuri, 連(れん)用(よう)形(けい) (ren'yōkei, “stem or continuative form”) of the verb 削(けず)る (kezuru, “shaving”)).
鉛(えん)筆(ぴつ)削(けず)り • (enpitsukezuri)