The term, if you please, is fashion jewelry.
The combination of shrinking computer devices and increasing computer power has allowed several companies to begin producing fashion jewelry with embedded intelligence.
Ms. Kennedy's fashion jewelry went, to various buyers, for $2.45 million, or 45 times the estimate, and even a tape measure fetched $48,875.
Most retailers and manufacturers are now calling costume jewelry "fashion jewelry."
This is because, unlike fashion jewelry, ephemeral by definition, these pieces can look fresh and relevant for decades.
For the designers and retailers, fashion jewelry has other obvious advantages.
Religious symbols, icons and amulets are moving from the fringes to the mainstream of fashion jewelry.
The stores, which appeal to middle-income shoppers, reported slow movement in electronics and fashion jewelry.
The two paired with the company to create a line of affordable fashion jewelry.
Today, there is a substantial secondary market for vintage fashion jewelry.