Banneret

Part of speech: noun (n.)

1. Originally, a knight who led his vassals into the field under his own banner; -- commonly used as a title of rank.

2. A title of rank, conferred for heroic deeds, and hence, an order of knighthood; also, the person bearing such title or rank.

3. A civil officer in some Swiss cantons.

4. A small banner. Shak.