Prayer wheel or Mani wheel. The Tibetan term is a contraction: "Mani" itself is a contraction of Sanskrit cintamani; "chos" is Tibetan for Dharma; and "khor" or "khorlo" means chakrano
A prayer wheel is a cylindrical wheel on a spindle made from metal, wood, stone, leather or coarse cotton. Traditionally, the mantra Om Mani Padme Hum is written in Sanskrit on the outside of the wheel. Also sometimes depicted are Dakinis, Protectors and very often the 8 auspicious symbols Ashtamangala. According to the Tibetan Buddhist tradition based on the lineage texts regarding prayer wheels, spinning such a wheel will have much the same meritorious effect as orally reciting the prayers.
Source: Wikipedia
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