DuckCorp Dico

Found one definition

1.                 From WordNet (r) 3.0 (2006):
                   
   
   
                   
                     
   newel
       n 1: the post at the top or bottom of a flight of stairs; it
            supports the handrail [syn: newel post, newel]
       2: the central pillar of a circular staircase