The Collaborative International Dictionary of English v.0.48:

Tatting \Tat"ting\, n.
   A kind of lace made from common sewing thread, with a
   peculiar stitch.
   [1913 Webster]

   Tatting shuttle, the shuttle on which the thread used in
      tatting is wound.
      [1913 Webster]

WordNet (r) 3.0 (2006):

tatting
    n 1: needlework consisting of handmade lace made by looping and
         knotting a single thread on a small shuttle
    2: the act or art of making handmade lace [syn: lace making,
       tatting]