Pennant meaning

pĕn'ənt
A long, tapering, usually triangular flag, used on ships for signaling or identification.
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A flag or an emblem similar in shape to a ship's pennant.
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Any long, narrow, usually triangular flag, as used in naval signal hoists, for a school banner, etc.
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Any such flag symbolizing a championship, esp. in baseball.
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A term used in technical analysis to refer to a pattern created by price movements. When the price points are connected, the pattern looks like a pennant. Pennants are created by a sharp initial move upwards or downwards, followed by a limited trading range, which creates a shape like a pennant after the upward and downward trendlines merge. Usually these are short-lived patterns lasting only a few weeks.
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A flag normally used by naval vessels to represent a special condition.
  • The broad pennant flown by commodores.
  • The church pennant indicating religious services are taking place aboard ship.
  • The commissioning pennant flown on ceremonial occasions.
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(sports) The winning of a competition, represented by a flag.

The New York Yankees have won the American League pennant far more often than any other team.

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A rope or strap to which a purchase is hooked.
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Origin of pennant

  • Blend of pendant pennon
    From American Heritage Dictionary of the English Language, 5th Edition
  • Old English penon, penoun, pynoun, Old French penon, French pennon, from Latin penna feather. See pen a feather, and compare pennon, pinion.
    From Wiktionary