red ribbon

from The American Heritage® Dictionary of the English Language, 5th Edition.

• noun An award made from a red ribbon given to a competitor who finishes in second place.

from The Century Dictionary.

• noun The band-fish.

from Wiktionary, Creative Commons Attribution/Share-Alike License.

• noun A badge in the form of a short strip of red ribbon crossed over itself, worn to show one's support of the fight against, and of people affected by, HIV and AIDS.
• noun a red ribbon awarded as a second-place prize.