gnome1
Pronunciation: /nəʊm/
noun
- a legendary dwarfish creature supposed to guard the earth’s treasures underground.
- a small garden ornament in the form of a bearded man with a pointed hat.
- informal a small ugly person: a grizzled gnome of a man
- informal a person regarded as having secret or sinister influence in financial matters: the gnomes of Zurich

Origin:
mid 17th century: from French, from modern Latin gnomus, a word used by Paracelsus as a synonym of Pygmaeus, denoting a mythical race of very small people said to inhabit parts of Ethiopia and India (compare with pygmy)