flag out
Related to flag out: flag up
flag out
vb
(adverb) to register (a commercial vehicle) in a country other than the one in which it operates, usually in order to take advantage of favourable rates of taxation
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014