The term 'It's Thought to Ward Off Bad Energy' can be summarized by the 8-letter word 'TALISMAN'. A TALISMAN is an object that is believed to have magical powers and is used to protect against evil or bad luck. It is often worn as a necklace, bracelet, or other form of jewelry. Talismans are often associated with religious or spiritual beliefs and are thought to bring good luck and ward off negative energy.