Sentence:  The latest fashion is to wear watches suspended from the <WSD>chatelaine</WSD>. The <WSD>chatelaine</WSD> is short, and ornamented with charms. 
Meaning of the word marked with <WSD> tags:  A chain or clasp worn at the waist by women with handkerchief, keys, etc., attached, supposed to resemble the chain of keys once worn by medieval chatelaines.