tarboosh

also
n.
A brimless, usually red felt cap with a silk tassel, worn by some Middle Eastern Muslim men, either by itself or as the base of a turban.

[Egyptian Arabic ṭarbūš, from Turkish terposh, probably from Persian sarpūsh, headdress : sar, head + pūsh-, to don.]

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The noun has one meaning:

Meaning #1: a felt cap (usually red) for a man; shaped like a flat-topped cone with a tassel that hangs from the crown
  Synonym: fez

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