bolo tie; bola tie
A necktie consisting of a cord or braided leather with a decorative clasp, worn as a Western-style accessory. The term is wasei-eigo from 'loop tie'.
wasei-eigo (Japanese-coined English), from loop tie
He wore a bolo tie to the wedding.
I found a stylish bolo tie at that shop.
Variant spelling with a middle dot; less common but still encountered.
Wasei-eigo from English 'loop tie', referring to a bolo tie. The English term 'loop tie' is not commonly used for this item; the Japanese word was coined independently.