
a ceremonial cushion used by the Lord Speaker of the UK House of Lords, filled with wool to symbolise the importance of the wool trade for the prosperity of the country.
Found on
http://en.wikipedia.org/wiki/Glossary_of_ovine_terminology

The Woolsack is the seat of the Lord Speaker in the House of Lords, the Upper House of the Parliament of the United Kingdom. In the 14th century King Edward III (1327-1377) commanded that his Lord Chancellor whilst in council should sit on a wool bale, now known as `The Woolsack`, in order to symbolise the central nature and huge importance of t.....
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http://en.wikipedia.org/wiki/Woolsack

large wool-filled scarlet sack for the Lord Chancellor
Found on
http://phrontistery.info/w.html

• (n.) A sack or bag of wool; specifically, the seat of the lord chancellor of England in the House of Lords, being a large, square sack of wool resembling a divan in form.
Found on
http://thinkexist.com/dictionary/meaning/woolsack/

In the UK, the seat of the Lord Chancellor in the House of Lords. The woolsack is a large square bag of wool, with a backrest but no arms, covered with red cloth. It is traditionally held to have...
Found on
http://www.encyclo.co.uk/local/20688
Wool'sack` noun A sack or bag of wool; specifically, the seat of the lord chancellor of England in the House of Lords, being a large, square sack of wool resembling a divan in form.
Found on
http://www.encyclo.co.uk/webster/W/49
No exact match found.