The term GRAD RAGS is a combination of two words, GOWN and GOWNS. GOWN is a four-letter word that refers to a long, loose-fitting garment worn by women or men on formal occasions. GOWNS is a five-letter word that is the plural form of GOWN. GRAD RAGS is a slang term used to refer to the traditional academic dress worn by students at graduation ceremonies. It typically consists of a GOWN, cap, and hood, and is usually black in color.