1 n. the pelt of the beaver as a staple of the fur trade; specifically, the pelt on which the long, outer guard hairs remain.
See also: beaver (def. 3)
2 n. a unit of exchange equivalent to the value of one prime beaver pelt, used in buying furs and bartering provisions, more usually referred to be trappers as a skin (def. 1).
See also: made beaver (def. 1) skin (def. 1)