1a small, showy trinket or decoration, especially (British) a light, brightly coloured sphere hung on a Christmas tree:the baubles on a Christmas tree humoroustrinkets and baubles on show at Scotland’s finest jewellery exhibition
something that is superficially attractive but useless or worthless:people in quest of honours are wasting time and effort to secure baubles
2 historical a baton formerly used as an emblem by jesters.