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perm (n.)

in hairdressing, 1927, a shortened form of permanent wave (1909; see permanent). The verb is recorded by 1928. Related: Permed.

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Definitions of perm from WordNet
1
perm (v.)
give a permanent wave to;
She perms her hair
2
perm (n.)
a series of waves in the hair made by applying heat and chemicals;
Synonyms: permanent wave / permanent
3
Perm (n.)
a city in the European part of Russia;
Synonyms: Molotov
From wordnet.princeton.edu