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ribbon (n.)

early 14c., ribane, from Old French riban "a ribbon," variant of ruban (13c.), of unknown origin, possibly from a Germanic compound whose second element is related to band (n.1); compare Middle Dutch ringhband "necklace." Modern spelling is from mid-16c. Originally a stripe in a material. Custom of colored ribbon loops worn on lapels to declare support for some group perceived as suffering or oppressed began in 1991 with AIDS red ribbons.

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Definitions of ribbon from WordNet

ribbon (n.)
any long object resembling a thin line;
a mere ribbon of land
the lighted ribbon of traffic
Synonyms: thread
ribbon (n.)
an award for winning a championship or commemorating some other event;
Synonyms: decoration / laurel wreath / medal / medallion / palm
ribbon (n.)
a long strip of inked material for making characters on paper with a typewriter;
Synonyms: typewriter ribbon
ribbon (n.)
notion consisting of a narrow strip of fine material used for trimming;
From wordnet.princeton.edu