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prize flag

American

noun

a flag hoisted by a yacht upon learning that it has won a prize in a race.

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prize flag

I gave the stroke, and we pulled into the middle of the river, where the prize flag was waving, and looking pretty enough to pull a dozen races for.

From Harper's Young People, May 11, 1880 An Illustrated Weekly by Various

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Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023