Eyelet (noun)

1. A small hole in a garment or shoe, reinforced with a metal or plastic ring, through which a lace or drawstring can be passed.
2. A small, decorative hole in fabric or leather, often embroidered or adorned with a ring.

Origin:

From old english ȳgelȳte, from ȳgel (eye) + -lȳte (small).

Examples:

1. The dress had several eyelets down the back that allowed the wearer to adjust the fit.
2. He laced up his shoes, threading the laces through the eyelets.
3. The curtains had delicate eyelets along the top edge for hanging.
4. The leather jacket had eyelets along the shoulders for ventilation.
5. The eyelets on the dress were embellished with small beads.