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status symbol

noun

an object, habit, etc., by which the social or economic status of the possessor may be judged.

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Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019
British Dictionary definitions for status symbol

status symbol

noun

a possession which is regarded as proof of the owner's social position, wealth, prestige, etc
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
Idioms and Phrases with status symbol

status symbol

A position or activity that allows one's social prestige to be displayed, as in She doesn't even drive; that car of hers is purely a status symbol. [Mid-1900s]

The American Heritage® Idioms Dictionary Copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.