A lariat necklace is a long, linear necklace between 30-50 inches long that has no clasp and is worn looped around the neck with open ends that can be tied loosely into a knot. The chain can also be wrapped around the neck several times. The linear drop is often embellished with a string of beads or a tassel. Lariat necklaces are also called Y necklaces because their outline is like the letter Y.