The hobbit (also hobbett, hobbet, or hobed, from Welsh: hobaid) is a unit of volume or weight formerly used in Wales for trade in grain and other staples. It was equal to four pecks or two and a half bushels, but was also often used as a unit of weight, which varied depending on the material being measured. The hobbit remained in customary use in markets in northern Wales after Parliament standardized the Winchester bushel as the unit of measure for grain, after which courts gave inconsistent rulings as to its legal status.