In medieval India, the term "Fanam" referred to:

1. The question asks for the meaning of the term "Fanam" in the context of medieval India. 2. "Fanam" was a type of small denomination coin used widely in medieval and later periods, particularly in South India. 3. These coins were issued by various dynasties and authorities and could be made of gold, silver, or copper. 4. The term did not refer to clothing, ornaments, or weapons. 5. Therefore, "Fanam" referred to Coins.