WAMPUM, noun Shells or strings of shells, used by the American Indians as money or a medium of commerce. These strings of shells when united, form a broad belt, which is worn as an ornament or girdle. It is sometimes called wampumpeague, and wompeague, or wampampeague, of which wampum seems to be a contraction.
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Webster's Dictionary 1828
American Dictionary of the English Language, Noah Webster, 1828.