What is a 'trifle' in terms of value?

The term 'trifle' refers to something that is considered to have little value or importance. This meaning stems from the word's etymology and common usage, which highlight its association with things that are insignificant or trivial. In various contexts, a 'trifle' might describe minor issues or superficial concerns—anything that does not warrant serious consideration. This aligns perfectly with the idea of it being of little value, making the second choice the correct one.

In contrast, items described as highly valued, elaborate, or treasured imply a sense of importance, worthiness, or emotional attachment, which is contrary to the essence of what a 'trifle' represents.