As a Noun:
1. A piece of coloured cloth which can be attached to a pole and which is used as a sign, signal, or symbol of something, especially of a country. English = flag, premiership.
2. A championship competition held among a number of sports clubs. English = premiership.
3. An archaic colloquial sign associated with the direct translation of the Australian English idiom 'to have the flags out' meaning 'to menstruate' and, by extension, menstruation, menstrual period.
As a Verb or Adjective:
1. To fly a flag; of a flag, to wave or flutter in the wind.
2. To win the championship competition held among a number of sports clubs; to win the premiership; to become premiers.
3. An archaic colloquial sign directly translating the Australian English idiom 'to have the flags out' meaning 'to menstruate'.
Note:
1. The hand representing the flag can be moved down against the finger representing the flagpole to create the meaning 'lower a flag', or placed at the bottom of the flag pole and moved up to mean 'raise a flag'. Search Signbank under 'lower' or 'raise' to see an example.