noun
a long, tapering flag or burgee, typically made of silk or a similar material, used as a decoration or a symbol of victory in sports competitions
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The team proudly displayed their championship pennant in the stadium.
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I bought a cool pennant for my favorite sports team to hang in my room.
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Check out the sweet pennant I got at the game last night!
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The pennant of victory waved proudly as the team celebrated their win.