Preposition: of

• surrender: The flag that you are standing under now is the white flag of surrender.

Converse of object

• wave: Instead of waving the white flag, the Government should be seeking a new deal with France.

• carry: The prisoner was carrying a white flag and was unarmed but the Countess was armed.

• clutch: They include an old woman with a bullet wound -- still clutching a white flag when aid workers found her.