The Collaborative International Dictionary of English v.0.48:

Statuette \Stat`u*ette"\ (st[a^]ch`[=oo]*[e^]t" or
   st[a^]t`[-u]*[e^]t"), n. [F., cf. It. statuetta.]
   A small statue; -- usually applied to a figure much less than
   life size, especially when of marble or bronze, or of plaster
   or clay as a preparation for the marble or bronze, as
   distinguished from a figure in terra cotta or the like. Cf.
   Figurine.
   [1913 Webster]

WordNet (r) 3.0 (2006):

statuette
    n 1: a small carved or molded figure [syn: figurine,
         statuette]