The term 'flamboyant tie' is often used to refer to an ASCOT, a type of neckwear that originated in the 19th century. An ASCOT is a wide, cravat-like necktie that is usually made of silk and is worn with a dress shirt and suit. It is typically tied in a bow or knot and is often decorated with intricate patterns or designs. The ASCOT is a popular choice for formal occasions and is often seen as a symbol of sophistication and style.