Source : Webster's Revised Unabridged Dictionary (1913)

Welt \Welt\, v. t.
   To wilt. [R.]

Welt \Welt\, v. t. [imp. & p. p. {Welted}; p. pr. & vb. n.
   {Welting}.]
   To furnish with a welt; to sew or fasten a welt on; as, to
   welt a boot or a shoe; to welt a sleeve.

Welt \Welt\, n. [OE. welte, probably fr. W. gwald a hem, a welt,
   gwaldu to welt or to hem.]
   1. That which, being sewed or otherwise fastened to an edge
      or border, serves to guard, strengthen, or adorn it; as;
      (a) A small cord covered with cloth and sewed on a seam or
          border to strengthen it; an edge of cloth folded on
          itself, usually over a cord, and sewed down.
      (b) A hem, border, or fringe. [Obs.]
      (c) In shoemaking, a narrow strip of leather around a
          shoe, between the upper leather and sole.
      (d) In steam boilers and sheet-iron work, a strip riveted
          upon the edges of plates that form a butt joint.
      (e) In carpentry, a strip of wood fastened over a flush
          seam or joint, or an angle, to strengthen it.
      (f) In machine-made stockings, a strip, or flap, of which
          the heel is formed.

   2. (Her.) A narrow border, as of an ordinary, but not
      extending around the ends.

   {Welt joint}, a joint, as of plates, made with a welt,
      instead of by overlapping the edges. See {Weld}, n., 1
      (d) .

Source : WordNet®

welt
     n 1: a raised mark on the skin (as produced by the blow of a
          whip); characteristic of many allergic reactions [syn: {wale},
           {weal}, {wheal}]
     2: a raised or strengthened seam

welt
     v 1: beat severely with a whip or rod; "The teacher often flogged
          the students"; "The children were severely trounced"
          [syn: {flog}, {whip}, {lather}, {lash}, {slash}, {strap},
           {trounce}]
     2: put a welt on; "welt the shoes"