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tassel

Definitions

tassel rate
(Noun) ornamental tuft
Usage: The tassel was made up of multicolored threads.

tassel rate
(Noun) A fringe on the corner of a pillow or the edge of a rug. Also the fringe hung from a traditional mortarboard graduation cap.
Usage: The cat likes to bat at the pillow's tassel.

I have my graduation tassel hanging from my car's rearview mirror.

tassel rate
(Adult / Slang)
A child's penis or genitals, based on the standard sense of a hanging ornament. In the world of grown-ups, a flaccid or limp penis. See penis for synonyms.

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