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.]