status symbol

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Emerging markets are embracing them as well: in Indonesia, BlackBerry handsets made by Canada’s Research in Motion (RIM) have become a status symbol among the country’s fast-growing middle class.
同样的，新兴市场体也在拥抱这些智能手机：在印度尼西亚，加拿大RIM公司制造的黑莓手机已经在这个国家快速增长的中产阶级中成为地位的象征。
Membership in these corporate facilities was, and still is, a status symbol.
拥有这样的会员身份，至今仍是一种身份地位的象征。
Some people consider authority as luxury, power, and status symbol. This is really bad.
有些人认为权威是享受、权力和社会地位的象征。

The new status symbol of the country's affluent class is no longer jewelry, but expensive mobile phones, Ipods or designer labels.
But if you can like, be stable enough to support the entire family, live on the Upper West Side, it's a class. It's a status symbol.
但如果你能住在上西区，让自己足够稳定，并能养活全家，那就是一种类似阶级一样的社会地位的象征了。
上西区的富人 - SpeakingMax英语口语达人

His distinctive designs, featuring folded metal exteriors in free-form shapes, are a billionaire's latest status symbol.
FORBES: Build Your Own Bilbao
Stiletto Moody shoes are seen as a status symbol in the virtual world of Second Life.
FORBES: Creating A $1M Virtual Goods Brand In Second Life

a thing that people want to have because they think other people will admire them if they have it

A status symbol is something that a person has or owns that shows they have money or importance in society.