noun, plural novelties.
state or quality of being novel, new, or unique; newness: the novelty of a new job.
a novel occurrence, experience, or proceeding: His sarcastic witticisms had ceased being an entertaining novelty.
an article of trade whose value is chiefly decorative, comic, or the like and whose appeal is often transitory: a store catering to tourists who loaded up with souvenir pennants and other novelties.
(of a weave) consisting of a combination of basic weaves.
(of a fabric or garment) having a pattern or design produced by a novelty weave.
(of yarn) having irregularities within the fibrous structure.
of or pertaining to novelties as articles of trade: novelty goods; novelty items.
having or displaying novelties: novelty shop.

1350–1400; Middle English novelte < Middle French novelete < Late Latin novellitās newness. See novel2, -ity Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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World English Dictionary
novelty (ˈnɒvəltɪ)
n , pl -ties
1.  a.  the quality of being new and fresh and interesting
 b.  (as modifier): novelty value
2.  a new or unusual experience or occurrence
3.  (often plural) a small usually cheap new toy, ornament, or trinket
[C14: from Old French novelté; see novel²]

Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009
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Word Origin & History

late 14c., from O.Fr. novelté "newness," from novel "new" (see novel (adj.)). Meaning "newness" is attested from late 14c.; sense of "useless but amusing object" is attested from 1901 (e.g. novelty shop, 1973).
Online Etymology Dictionary, © 2010 Douglas Harper
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Example sentences
In fact, our electronic novelties are transforming the word as profoundly as the printing press did half a millennium ago.
But the novelties and silly entertainments are markedly different.
Hot-house strawberries are among the novelties of the season.
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