1.  peplum(n = noun.artifact) - a flared ruffle attached to the waistline of a dress or jacket or blouse;
is a kind of flounce, frill, furbelow, ruffle

2.  peplum(n = noun.artifact) peplos, peplus - a garment worn by women in ancient Greece; cloth caught at the shoulders and draped in folds to the waist;
is a kind of garment

   A peplos. Hence: An overskirt hanging like an ancient peplos; also, a short fitted skirt attached to a waist or coat. [Webster 1913 Suppl.]

peplum, n.
1 a short flounce etc. at waist level, esp. of a blouse or jacket over a skirt.
2 Gk Antiq. a woman's outer garment.

Etymology:
L f. Gk peplos