pennant

1. Nautical A long, tapering, usually triangular flag, used on ships for signaling or identification.

2. Sports A flag that symbolizes the championship of a league, especially a professional baseball league.

3. Sports The championship symbolized by such a flag.

4. The championship itself.

5. A flag emblematic of championship (as in a professional baseball league).

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Here are some other words you could make with the letters pennant, you can also
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Top Words by points	Points	Word Game
pennant	9	Scrabble

2 Letters	Scrabble® Points
an	2
te	2
ta	2
pe	4
pa	4
ne	2
na	2
et	2
en	2
at	2
ae	2

3 Letters	Scrabble® Points
tea	3
tae	3
pet	5
pen	5
pea	5
pat	5
pan	5
ane	3
ant	3
tan	3
tap	5
net	3
nap	5
nan	3
nae	3
ape	5
apt	5
ten	3
eta	3
eat	3
ate	3

4 Letters	Scrabble® Points
pent	6
tepa	6
tape	6
peat	6
pean	6
pate	6
pant	6
pane	6
neat	4
neap	6
nape	6
etna	4
ante	4

5 Letters	Scrabble® Points
panne	7
paten	7
penna	7
anent	5

7 Letters	Scrabble® Points
pennant	9