The Collaborative International Dictionary of English v.0.48:

Jewellery \Jew"el*ler*y\ (j[=u]"[e^]l*l[~e]r*r[y^] or
   j[udd]"[e^]l*l[~e]r*r[y^]), n.
   See Jewelry. [Chiefly Brit.] --Burke.
   [1913 Webster]

WordNet (r) 3.0 (2006):

jewellery
    n 1: an adornment (as a bracelet or ring or necklace) made of
         precious metals and set with gems (or imitation gems) [syn:
         jewelry, jewellery]