In the UK (and probably most other Commonwealth countries) sherbet is a white powder commonly found in various sweets and confectionery. Its main properties are an acidic, tingly taste and it quickly dissolves in water. Popular products made from sherbet that I remember from my youth include:

I believe that in much of the USA sherbet is some kind of drink: if anyone knows what the US term for this fizzy powder is I'd be interested.

Sylvar says In the US, sherbet is very bad sorbet. The only thing similar to UK sherbet, as far as I know, is "Lik-m-Aid" (Wonka's Fun Dip). The powder doesn't have its own name here, though.