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hoist(Noun) A hoisting device, such as pulley or crane. hoist(Noun) The perpendicular height of a flag, as opposed to the fly, or horizontal length, when flying from a staff. hoist(Noun) The vertical edge of a flag which is next to the staff. hoist(Noun) The height of a fore-and-aft sail, next the mast or stay.
3. (tr) to take hold of in order to carry or remove: to lift something down from a shelf. 4. (tr) to raise in status, spirituality, estimation, etc: his position lifted him from the common crowd. 5. (tr) to revoke or rescind: to lift tax restrictions.