\Wal"let\, n. [OE. walet, probably the same word as OE.
watel a bag. See {Wattle}.]
1. A bag or sack for carrying about the person, as a bag for
   carrying the necessaries for a journey; a knapsack; a
   beggar's receptacle for charity; a peddler's pack.
         [His hood] was trussed up in his walet. --Chaucer.
2. A pocketbook for keeping money about the person.
3. Anything protuberant and swagging. ``Wallets of flesh.''
   --Shak.