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The Collaborative International Dictionary of English v.0.48:

Palm \Palm\ (p[aum]m), v. t. [imp. & p. p. Palmed (p[aum]md); p. pr. & vb. n. Palming.] 1. To handle. [Obs.] --Prior. [1913 Webster] 2. To manipulate with, or conceal in, the palm of the hand; to juggle. [1913 Webster] They palmed the trick that lost the game. --Prior. [1913 Webster] 3. Hence: To take (something small) stealthily, especially by concealing it in the palm of the hand; as, he palmed one of the coins and walked out with it. [PJC] 4. To impose by fraud, as by sleight of hand; to put by unfair means; -- usually with on or upon; as, to palm a stolen coin on an unsuspecting dealer. See also palm off. [1913 Webster +PJC] For you may palm upon us new for old. --Dryden. [1913 Webster]