GNU Collaborative International Dictionary of English

Found one definition

1.       
   ‖Confetti (?), n. pl.; sing. -fetto (). [It. Cf. Comfit.]
   1. Bonbons; sweetmeats; confections. [archaic]
   
   [1913 Webster +PJC]
   
   
   2. [originally, plaster or paper imitations of, or substitutes for, bonbons (confetti1).] small bits or streamers of brightly colored paper, thrown in celebration by carnival revelers, at weddings, etc.
   
   [Webster 1913 Suppl. +PJC]