GNU Collaborative International Dictionary of English

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Found one definition

1.       
   Stem-winder (?), n.
   1. A stem-winding watch. [Colloq.]
   
   [1913 Webster]
   
   
   2. Hence: (Fig.) Anything of superior quality, as was attributed to the stem-winding watch; -- esp. used to describe a stirring speech, as in the phrase “a stem-winder of a speech” or “delivered a stem-winder”.
   
   [PJC]