The Collaborative International Dictionary of English v.0.48:

Banderole \Band"e*role\, Bandrol \Band"rol\, n. [F. banderole,
   dim. of bandi[`e]re, banni[`e]re, banner; cf. It. banderuola
   a little banner. See Banner.]
   A little banner, flag, or streamer. [Written also
   bannerol.]
   [1913 Webster]

         From the extremity of which fluttered a small banderole
         or streamer bearing a cross.             --Sir W.
                                                  Scott.
   [1913 Webster]

The Collaborative International Dictionary of English v.0.48:

Bandrol \Band"rol\, n.
   Same as Banderole.
   [1913 Webster]