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wampum

wam·pum [ wómpəm ] or wam·pum·peag [ wómpəm pg ]


noun 
Definition:
 
1. decorative beads used as money: small polished beads made from shells, threaded on string, and used by some Native North Americans as decoration, for ceremonial purposes, or in former times for money

2.  ( dated slang )
Same as  money


[Mid-17th century. Shortening of wampumpeag< Massachusett, "white strings"]
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