Source : Webster's Revised Unabridged Dictionary (1913)

Nowel \Now"el\, n. [See {Noel}.] [Written also {no["e]l}.]
   1. Christmas; also, a shout of joy at Christmas for the birth
      of the Savior. [Obs.]

   2. (Mus.) A kind of hymn, or canticle, of medi[ae]val origin,
      sung in honor of the Nativity of our Lord; a Christmas
      carol. --Grove.

Nowel \Now"el\, n. [F. noyau, prop., a kernel. See {Noyau},
   {Newel} a post.] (Founding)
      (a) The core, or the inner part, of a mold for casting a
          large hollow object.
      (b) The bottom part of a mold or of a flask, in
          distinction from the cope; the drag.