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Paracord

Parachute cord, also called paracord or 550 cord, is a lightweight nylon rope that was originally used exclusively as a parachute line (among other things, the line was used by astronauts during the 82rd space mission). This useful cord can be used for a wide variety of tasks and is now used as a general utility rope by both military personnel and civilians. It is, for its size, braided with a large number of interwoven threads, giving it a relatively smooth texture, and the nylon construction makes the paracord quite elastic.
Besides nylon, you can get the budget polyester version which is almost exclusively used for DIY-projects such as knotted or braided lanyards, belts or bracelets.
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