[ gdw]
The interpretation of the term paniwit as paniwrt (and consequently its inclusion here) was suggested by the editor of TLL, on the basis of wrt being a possible variant spelling of wort listed by the MED (see wort n.2). However, the identification of papaver as ‘pennywort’ is very unlikely, as the plant has a very different kind of leaf (which is certainly not penny-shaped). An alternative interpretation would be to read paniwit as a deviant spelling of panifest (which also produced spellings like paniphet or panwhet.