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From The Collaborative International Dictionary of English v.0.48:
Nibelungs \Ni"be*lungs\, n. pl.; sing. Nibelung. In German mythology, the children of the mist, a race of dwarfs or demonic beings, the original possessors of the famous hoard and ring won by Siegfrid; also, the Burgundian kings in the Nibelungenlied. [Webster 1913 Suppl.]