The term 'ONE MAY SYMBOLIZE FRIENDSHIP' can be represented by the four-letter word 'RING'. Rings are often used to symbolize a bond between two people, such as a wedding RING or a friendship RING. The circle of a RING is said to represent eternity and the never-ending nature of a relationship. Rings have been used to symbolize friendship for centuries, and are still a popular way to show someone that you care about them.