Aiguilette

For the decorative tip to a lace or cord worn as jewellery in the sixteenth century, see Aiguillette (ornament) An aiguillette is an ornamental braided cord most often worn on uniforms but may also be observed on other costumes such as academic dress, where it will denote an honor. It is French in origin and goes back to the use of horses in battle. A general's aide-de-camp carried a loop of cord to tie up the general's horse during dismount. As a practical approach, the aides would loop the cord around the epaulette flap on the shoulder of their tunic.
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Noun
1. ornamental tagged cord or braid on the shoulder of a uniform
(synonym) aglet, aiglet
(hypernym) braid, gold braid, braiding

Literally "point of a shield," the small metal end that was capped onto a lacing point in order to keep it from fraying. Also called aglet, aiglet, anglet.