2 definitions found From The Collaborative International Dictionary of English v.0.48 [gcide]: Peag \Peag\ (p[=e]g), n. [Written also {peage}, {peak}, {peeke}.] [Prob. of North American Indian origin, by shortening of wampumpeag. --RHUD.] A kind of aboriginal shell money, or wampum, of the Atlantic coast of the United States; -- originally applied only to polished white cylindrical beads. See also {wampum}. [Webster 1913 Suppl.] From WordNet (r) 2.0 [wn]: peag n : small cylindrical beads made from polished shells and fashioned into strings or belts; used by certain Native American peoples as jewelry or currency [syn: {wampum}, {wampumpeag}]
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