peag(n = noun.artifact) wampum, wampumpeag - small cylindrical beads made from polished shells and fashioned into strings or belts; used by certain Native American peoples as jewelry or currency;
peag, n. [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.]