Various, Encyclopaedia Britannica, 11th Edition…
“ Label Moulding, a projecting course of stone running round an arch. When not very large it is sometimes cut on the voussoirs, but is usually made a separate course of stone. Often, and especially in the case of door openings, a small sinking is worked on the top surface of the moulding to form a gutter which leads to the sides any water that trickles down the face of the wall. ”
