ARGOED, a township, joint with YSTRAD, in the parish of TREGARON, upper division of the hundred of PENARTH, county of CARDIGAN, SOUTH WALES, containing, with the market-town of Tregaron, 655 inhabitants. The name signifies a sheltered position among woods, which, with Ystrad, a dale, is descriptive of the situation of these two townships in the vale of the Teivy. The market town of Tregaron occupies the banks of the Berwyn, near its junction with the river Teivy, in this township.