PENNANT

PRONUNCIATION: (PEN-uhnt)

MEANING: noun:
1. A long tapering flag.
2. A flag symbolizing a sports championship or another achievement.
3. A victory, championship, etc.

ETYMOLOGY: A blend of pendant, from Latin pendre (to hang) + pennon, from Latin penna/pinna (feather). Earliest documented use: 1470.
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PENZANT - home of a Pirate

PENNANG - a city (and a state) in northwest Mallaysa

PENWANT - something you lack when you're in jail