Top Definition
Signifies Chicago Cub victory. Time after victory when the white flag with a blue "W" flies from the centerfield scoreboard at Wrigley Field to announce to those on the CTA "L" line that the Cubs won today.
Cubs Win! Cubs Win! It's White Flag Time at Wrigley Field!
by Puxwov August 05, 2009
5 Words related to White Flag Time

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