What is "belsnickel"

Belsnickel (also Belschnickel, Belznickle, Belznickel, Pelznikel, Pelznickel, from pelzen (or belzen, German for to wallop or to drub) and Nickel being a hypocorism of the given name Nikolaus) is a crotchety, fur-clad Christmas gift-bringer figure in the folklore of the Palatinate region of southwestern Germany along the Rhine, the Saarland, and the Odenwald area of Baden-Württemberg. The figure is also preserved in Pennsylvania Dutch communities.