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medallion

noun

  1. a large medal
  2. an oval or circular design, portrait, relief carving, etc. resembling a medal in shape and used as a decorative form in architecture, textiles, etc.
  3. a metal insignia on a taxicab indicating that the driver or owner has a permit to carry passengers
  4. a small round or oval portion of meat or fish, especially of beef or veal

See medallion in American Heritage Dictionary 4

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