pennant¹ /penˈənt or (nautical) penˈən/

1. A line dangling from the masthead, etc, with a block for tackle, etc (nautical)
2. A long narrow flag
3. A signalling or identifying flag
4. A pennon
5. A flag awarded for victory in a game, championship, etc, esp in baseball (N American)

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• demyship
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• demystification
• demystified