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.

PENZANT - home of a Pirate

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

PENWANT - something you lack when you're in jail