status symbol
noun/ˈsteɪtəs sɪmbl/
/ˈsteɪtəs sɪmbl/, /ˈstætəs sɪmbl/
- a possession that people think shows their high social status and wealth
- Exotic pets are the latest status symbol.
Extra Examples- The Chanel suit was the number one fashion status symbol.
- Scars are status symbols among mountain bike riders.
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status symbol