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uknaked · 70-79, M
It used to signify that her sexual favours were for sale, i.e. she was a prostitute, a member of the oldest profession on the planet. Sex for money!
Strictmother · 46-50, F
@uknaked Not anymore. Tons of women wear them
techkb52 · 70-79, M
@Strictmother But I think in some circles, it means the wife is shared.