n.
- a tapering flag on a ship, especially one flown at the masthead of a vessel in commission.
- a long triangular or swallow-tailed flag, especially as the military ensign of lancer regiments.
- N. Amer. a flag denoting a sports championship or identifying a team, club, etc.
- another term for pendant (in sense 4).
Etymology
C17: blend of pendant and pennon.