

An engagement ring is a ring indicating an engagement to be married.
An engagement ring is traditionally offered as a gift by a man to his intended bride, as part of his marriage proposal. The offering and acceptance of an engagement ring symbolizes a formal agreement to get married.
In Western culture, engagement rings are usually worn on the left hand ring finger during the engagement period. The wedding band is also worn on the left hand ring finger, so some people move the engagement ring to the right hand after their wedding (or don't wear their engagement ring at all).
Some gay couples also choose to wear engagement rings on their right hand, for privacy reasons [1]
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Traditionally, only women have worn engagement rings; men do not typically wear engagement rings. This is slowly changing, as some women have started proposing to men. Also, gender equality suggests that women shouldn't be the only ones to wear rings showing that they are "taken". As a result, some couples choose to have both partners wear engagement rings.
Many gay and lesbian couples wear engagement rings to symbolize their commitment to each other. Because so many countries and localities have banned same-sex weddings, gay engagement rings have become an especially important tradition in same-sex relationships.
Gay engagement rings are often deeply symbolic, ranging from rainbow rings and gay pride rings to Celtic and Birthstone engagement rings.
A placeholder ring is a temporary engagement ring the groom uses to propose to the bride before he has the permanent engagement ring. It is typically used when the groom wants the proposal to be a surprise, but wants the bride to have input in choosing the permanent ring. A placeholder ring can be a family heirloom, a piece of costume jewelry, or a center diamond the groom chooses, set on a simple band. The latter is the most commonly used option, so the bride can wear the stone in the placeholder until she picks the permanent setting that best fits her style and personality.