red-tag

[ red-tag ]
/ ˈrɛdˈtæg /

verb (used with object), red-tagged, red-tag·ging.

to attach a red tag to, as merchandise for special sale.
to identify for a specific purpose; earmark: The inspector red-tagged the restaurant for health violations.

adjective

pertaining to or composed of something that has been red-tagged: the store's annual red-tag sale.

Definition for red-tag (2 of 2)

red tag

noun

a tag or other marker colored red and used to categorize something for a special purpose: Items with a red tag are on sale today.