status symbol
/ˈsteɪ·t̬əs ˌsɪm·bəl/, /ˈstæt̬·əs/ n [C]Definition
› something that people want to have or do because they think other people will respect or admire them for it: The newest of these electronic gaming systems are the latest status symbols among teenagers.
(Definition of status symbol n from the Cambridge Academic Content Dictionary
© Cambridge University Press)
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