novelty

Meanings

1. The state of being new or novel; newness.
2. A new product; an innovation.
3. A small mass-produced trinket.
4. In novelty theory, newness, density of complexification, and dynamic change as opposed to static habituation.
5. An opening move played for the first time ever (in high-level chess).

1. In the design of a common household item, often impractically large, and meant primarily for display rather than functional use.

1. A village in Missouri.

Etymology

From Middle English novelte, from Old French novelté (Modern French nouveauté), from the adjective novel, ultimately from Latin novellus. By surface analysis, novel + -ty.