Raise the flag (4)
I believe the answer is:
jack
I believe this is a double definition.
'raise' is the first definition.
(jacking is a kind of raising)
'the flag' is the second definition.
(jack is a kind of flag)
(Other definitions for jack that I've seen before include "Raise" , "Knave; raising device" , "Playing card; sailor" , "Name for sailor" , "Target ball in bowls" .)