banneret /ˈbænəɹɪt/ noun4 •A small banner.[…] yet the scarfs and the bannerets about thee did manifoldly dissuade me from believing thee a vessel of too great a burthen. — 1604 •(historical) Clipping of knight banneret, a knight entitled to subinfeudate his estate and to lead men in battle under his own banner. •A civil officer in some Swiss cantons. •(historical) A proposed but unadopted senior commissioned rank of the Royal Air Force equivalent to group captain. formsbannerets