con·fet·ti 
(kən-fĕtē)
(kən-fĕtē)pl.n. (used with a sing. verb)
Small pieces or streamers of colored paper that are scattered around during the course of festive occasions: Confetti covers the floor every year on January 1.
[Italian, pl. of confetto, candy (from the Italian custom of throwing candy on festive occasions ), from Medieval Latin cōnfectum, from neuter of Latin cōnfectus, past participle of cōnficere, to prepare; see COMFIT.]