(also pencil) Now rare (archaic and historical in later use)
noun
A small pennon or streamer. Now historical and rare.
Origin
Middle English; earliest use found in Layamon (fl. 1250), poet. From Anglo-Norman pencel, reduced form of penoncelpennoncel. Compare post-classical Latin pencellus, penecellus, penesellus, penocellus, penicellus. Compare Middle Dutch pinceel, pinseel.