Etymology
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alpaca (n.)

Andean mammal valued for its wool, 1792, from Spanish alpaca, probably from Aymara allpaca, related to Quechua (Inca) p'ake "yellowish-red." The al- is perhaps from influence of the Arabic definite article being a common element in Spanish words (compare almond). Attested in English from c. 1600 in the form pacos.

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Definitions of alpaca

alpaca (n.)
wool of the alpaca;
alpaca (n.)
a thin glossy fabric made of the wool of the Lama pacos, or made of a rayon or cotton imitation of that wool;
alpaca (n.)
domesticated llama with long silky fleece; believed to be a domesticated variety of the guanaco;
Synonyms: Lama pacos
From wordnet.princeton.edu