flag

( n.)

   [very  common]  A  variable  or  quantity that can take on one of two
   values;  a  bit, particularly one that is used to indicate one of two
   outcomes  or  is  used  to control which of two things is to be done.
   "This  flag  controls whether to clear the screen before printing the
   message."  "The program status word contains several flag bits." Used
   of humans analogously to {bit}. See also {hidden flag}, {mode bit}.

[glossary]
[Reference(s) to this entry by made by: {bit}{bit bashing}{flag day}{mode bit}{overflow bit}{trit}]