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The Collaborative International Dictionary
Peag

Peag \Peag\, 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.

Wiktionary
peag

n. wampum.

WordNet
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]

Usage examples of "peag".

Finding the swiftest pursuer close upon his heels, he threw off, first his blanket, then his silver-laced coat and belt of peag, by which his enemies knew him to be Canonchet and redoubled the eagerness of pursuit.