GNU Collaborative International Dictionary of English

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Found one definition

1.       
   Faller (?), n.
   1. One who, or that which, falls.
   
   [1913 Webster]
   
   
   2. (Mach.) A part which acts by falling, as a stamp in a fulling mill, or the device in a spinning machine to arrest motion when a thread breaks.
   
   [1913 Webster]