Red Banner - Transferable Red Banner

The Transferable Red Banner (Russian: переходящее Красное знамя) was an award for collectives, winners in socialist competitions at various Soviet work places. The term "transferable" means that for a given kind of competition at a given establishment (enterprise, school, institute, clinic, etc.) or category of establishments (e.g., type of industry) there was a single physical copy of the award which was transferred to the next winner in the competition (held annually or quarterly). There were several levels of the award, depending on the level of the socialist competition: all-Union, republican, oblast-wide, industry-wide, enterprise/institution-wide, etc.

A similar award existed in a number of other communist states.

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Famous quotes containing the words transferable, red and/or banner:

    A political organization is a transferable commodity. You could not find a better way of killing virtue than by packing it into one of these contraptions which some gang of thieves is sure to find useful.
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    And before, with banner red,
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