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ewelry: Beads can be strung together to make necklaces, bracelets, or other jewelry. Prayer beads: Rosary beads and other prayer beads are used for meditating or praying. Currency: In some societies, beads are used as currency to buy things. Status: Beads can indicate a person's social standing, wealth, or nation of origin. Decoration: Beads can be used for decoration. Liquid: A round drop of liquid, like sweat, can also be described as a bead.