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- Dictionarystatus symbol
noun
- 1. a possession that is taken to indicate a person's wealth or high social or professional status: "the palace was built as a status symbol"
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- Status symbol
An object that denotes one's social position
A status symbol is a visible, external symbol of one's social position, an indicator of economic or social status. Many luxury goods are often considered status symbols. Status symbol is also a sociological term – as part of social and sociological symbolic interactionism – relating to how individuals and groups interact and interpret various cultural symbols. Wikipedia
