The Collaborative International Dictionary of English v.0.48:

Waxwork \Wax"work`\, n.
   1. Work made of wax; especially, a figure or figures formed
      or partly of wax, in imitation of real beings.
      [1913 Webster]

   2. (Bot.) An American climbing shrub (Celastrus scandens).
      It bears a profusion of yellow berrylike pods, which open
      in the autumn, and display the scarlet coverings of the
      seeds.
      [1913 Webster]

WordNet (r) 3.0 (2006):

waxwork
    n 1: twining shrub of North America having yellow capsules
         enclosing scarlet seeds [syn: bittersweet, American
         bittersweet, climbing bittersweet, false bittersweet,
         staff vine, waxwork, shrubby bittersweet, Celastrus
         scandens]
    2: an effigy (usually of a famous person) made of wax [syn:
       waxwork, wax figure]