Source : Webster's Revised Unabridged Dictionary (1913)

Wainscot \Wain"scot\, n. [OD. waeghe-schot, D. wagen-schot, a
   clapboard, fr. OD. waeg, weeg, a wall (akin to AS. wah; cf.
   Icel. veggr) + schot a covering of boards (akin to E. shot,
   shoot).]
   1. Oaken timber or boarding. [Obs.]

            A wedge wainscot is fittest and most proper for
            cleaving of an oaken tree.            --Urquhart.

            Inclosed in a chest of wainscot.      --J. Dart.

   2. (Arch.) A wooden lining or boarding of the walls of
      apartments, usually made in panels.

   3. (Zo["o]l.) Any one of numerous species of European moths
      of the family {Leucanid[ae]}.

   Note: They are reddish or yellowish, streaked or lined with
         black and white. Their larv[ae] feed on grasses and
         sedges.

Wainscot \Wain"scot\, v. t. [imp. & p. p. {Wainscoted}; p. pr. &
   vb. n. {Wainscoting}.]
   To line with boards or panelwork, or as if with panelwork;
   as, to wainscot a hall.

         Music soundeth better in chambers wainscoted than
         hanged.                                  --Bacon.

         The other is wainscoted with looking-glass. --Addison.

Source : WordNet®

wainscot
     n 1: panel forming the lower part of an interior wall when it is
          finished differently from the rest [syn: {dado}]
     2: wooden panel used to line the walls of a room [syn: {wainscoting},
         {wainscotting}]