1. (n.)wampum cylindrical beads made from shells, pierced and strung, used by NorthAmerican Indians as a medium of exchange, for ornaments, and for ceremonial and spiritual purposes.
2. wampum Informal.
Etymology: (1620–30, Amer.; < Massachusett, c. Eastern Abenaki w&agracute;p&agr;p&schwa;yak wampum beads = Proto-Algonquian *wa&raiseddot;p- white +*-a&raiseddot;py- string +*-aki pl. suffix)