a set of strips of material (made of fabric, paper, cardboard, plastic) used as festive decoration, especially in the colors of national flags
(nautical) A thin cloth of woven wool from which flags are made; it is light enough to spread in a gentle wind but resistant to fraying in a strong wind.
flags considered as a group, often simple single colored triangular flags (not those of any nation)
They are frequently seen at parties and school sports festivals.