What does BANERET, OR BANNERET mean?

BANERET, OR BANNERET meaning in Law Dictionary

In English law. A knight manufactured in the industry, because of the ceremony of cutting off the idea of their standard, and which makes it, whilst had been, a banner. Knights so made tend to be accounted therefore honorable that they're allowed to show their particular hands when you look at the royal army, as barons do, and may keep arms with supporters. They rank close to barons; and were occasionally known as "vcxillarii." Wharton.