Wordnet 3.0
NOUN (2)
1.
someone who assumes leadership of a movement or activity;
2.
sheep that leads the herd often wearing a bell;
The Collaborative International Dictionary of English v.0.48:
Bellwether \Bell"weth`er\, n.
1. A wether, or sheep, which leads the flock, with a bell on
his neck.
[1913 Webster]
2. Hence: A leader. [Contemptuous] --Swift.
[1913 Webster]
WordNet (r) 3.0 (2006):
bellwether
n 1: someone who assumes leadership of a movement or activity
2: sheep that leads the herd often wearing a bell