Style School: Which Ring Has Pavé Bling?

Class is back in session. Do you feel confident that you aced your last pop quiz on hobo bags? If you called out our dear—but apparently fashion vocabulary-challenged—friend Kate Spade for mis-naming her structured green bag a hobo, you've scored an A!

Kate and class, a hobo bag is traditionally large, crescent-shaped, and made of a material that allows for that chic bohemian slouchiness. You've all seen the cartoons, with hobos carrying their loot in bandana-and-stick contraptions called bindles. Those are the inspiration behind typically roomy, flexible hobo bags. Ms. Spade's bag, while adorable, is a tad too structured, too small, and too impractical for the fashionista who carries her life around in her bag.

This week, we'll keep focusing on accessories, this time on girl's best friend. Ladies who love to be dripping in diamonds will know immediately which ring above features trendy pavé diamonds. What does "pavé" mean, you ask? Check back next week for the full fashion report and your next stylish assignment.