Bannerette is a slightly uncommon word, usually referring to a small version of a banner or flag. However, there are several other words that can be used instead of bannerette, including pennant, streamer, burgee, bunting, or flaglet. Each word describes a small, colorful, and often decorative emblem used for representing an organization, team, or country. Pennants are commonly used to represent sports teams, while burgees and bunting are often used in nautical flags. In any case, while bannerette may not be a commonly used word, there are plenty of alternative synonyms to describe the same thing.