pencel

noun3

1. •
   (historical) A small pennon; a little banner, flag, or streamer.

   • […] forty trumpet banners of sarsenet; seven hundred and forty pensills; three hundred and fifty pensills of tarter; four standards of sarsenet with boars; […] — 1846
2. •
   (no longer used) A lady's favour or token as worn by a knight.
3. •
   (no longer used, rare) A knight carrying a pennon.