The broad arrow, of which the pheon is a variant, is a stylised representation of a metal arrowhead, comprising a tang and two barbs meeting at a point. It is a symbol used traditionally in heraldry, most notably in England, and later by the British government to mark government property. It became particularly associated with the Board of Ordnance, and later the War Department and the Ministry of Defence. It was exported to other parts of the British Empire, where it was used in similar official contexts.
In heraldry, the arrowhead generally points downwards, whereas in other contexts it more usually points upwards.