bo ‧ lo tie /ˈbəʊləʊ taɪ $ ˈboʊloʊ-/ BrE AmE noun [countable] American English
[ Date: 1900-2000 ; Origin: Probably from bolo 'long heavy knife' (20-21 centuries) , from Philippine Spanish ]
a string worn around your neck that you fasten with a decoration