A target on the green flag (4)
I believe the answer is:
jack
I believe this is a double definition.
'a target on the green' is the first definition.
(target on a bowls green)
'flag' is the second definition.
(I know that jack is a type of flag)
(Other definitions for jack that I've seen before include "Target ball in bowls" , "Sort of boot, hammer, pot or tar" , "PANTO (part title)" , "Sailor; flag" , "bowler rolls it" .)