Odaawaa (syncoped as Daawaa, is believed to be derived from the Anishinaabe word adaawe, meaning "to trade," or "to buy and sell"); this term is common to the Cree, Algonquin, Nipissing, Montagnais, Odawa, and Ojibwe. The Potawatomi spelling of Odawa and the English derivative "Ottawa" are also common. The Anishinaabe word for "Those men who trade, or buy and sell" is Wadaawewinini(wag). Fr. Frederic Baraga, a Jesuit Catholic missionary in Michigan, transliterated this and recorded it in his A Dictionary of the Otchipwe Language as "Watawawininiwok," noting that it meant "men of the bulrushes", associated with the many bulrushes in the Ottawa River. But, this recorded meaning is more appropriately associated with the Matawackariniwak, a historical Algonquin band who lived along the Ottawa River.  Their neighbors applied the "Trader" name to the Ottawa because in early traditional times, and also during the early European contact period, they were noted as intertribal traders and barterers. The Odawa were described as having dealt "chiefly in cornmeal, sunflower oil, furs and skins, rugs and mats, tobacco, and medicinal roots and herbs."  Like the Ojibwe, the Odawa usually identify as Nishnaabe (Anishinaabe, plural: Nishnaabeg / Anishinaabeg), meaning "original people".  The Odawa name in its English transcription is the source of the place names of Ottawa, Ontario, and the Ottawa River. The Odawa home territory at the time of early European contact, but not their trading zone, was well to the west of the city and river named after them. The tribe is the namesake for Tawas City, Michigan, and Tawas Point, which reflect the syncope-form of their name. Ottawa, Ohio is the county seat of Putnam County, developed at the site of the last Ottawa reservation in Ohio.

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