Noun
status symbol (plural status symbols)
A visible possession that is a sign of one's personal wealth or social status.
In a way, the sense of quality has improved, the status symbol of the small things is gone, and it is acceptable to use stainless steel, even if the neighbour uses silver. Arne Jacobsen
For years my wedding ring has done its job. It has led me not into temptation. It has reminded my husband numerous times at parties that it's time to go home. It has been a source of relief to a dinner companion. It has been a status symbol in the maternity ward. Erma Bombeck
A lot of hip-hop artists wear fur, and they think it's a status symbol. That doesn't register for me; I just see dead animals. Tommy Lee
People say there's no trace of an accent anymore, and there isn't because I worked very hard to lose it. And the reason I did that is a British accent in America is a real status symbol. John Mahoney
What else would be as impressive as a status symbol than when you are visiting a billionaire for lunch and you and dozens of other refined guests are offered a glass of fresh milk to toast everybody's health, instead of a glass of Chateau Rotschild Lafitte? To Kit
After this period, this genre declined and was mostly forgotten; historian Joan Sallas attributes this to the introduction of porcelain, which replaced complex napkin folds as a dinner-table status symbol among nobility. Source: Internet