What does FLAG stand for?

What does FLAG mean? We have 4 definitions. Read most used FLAG meanings below.

FLAG OF CONVENIENCE. — The flag of a country with easy or lax maritime regulations and low fees and taxes, flown by ships that register their vessels in such countries, even though their ownership and main cruising areas ar
FLAG STATE. — The country in which a ship is registered.
FLAG CARRIER. — Strictly speaking, an airline that is run or owned (in full or part) by the country in which it is based. More loosely, any airline from a particular country. For example, “Continental and United ar
FOREIGN FLAG VESSEL. — A ship owned by or registered in a country other than the United States.

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