Princeton's WordNet (0.00 / 0 votes) Rate this definition: oil (noun). a slippery or viscous liquid or liquefiable substance not miscible with water. oil, oil color, oil colour (noun). oil paint containing pigment that is used by an artist.
The colors represent the clear skies and snow of the Andes; the sun symbol commemorates the appearance of the sun through cloudy skies on 25 May 1810 during the first mass demonstration in favor of independence; the sun features are those of Inti, the Inca god of the sun. Argentina Flag - Colors.
The national flag of Paraguay (bandera de Paraguay) has three equal, horizontal bands of red (top), white, and blue with an emblem centered in the white band. Paraguay adopted French colours for its flag, but arranged the red-white-blue colors horizontally with the national coat of arms centered in the middle. On the reverse side, however, the seal of the treasury replaced the national coat of arms.