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A tattered flag, An old tattered man
Yes, "tattered" can function as a participle in a sentence. It is the past participle form of the verb "tatter" and can be used to describe something that is torn or ragged. For example, "the tattered flag fluttered in the wind."
that thing is very tattered
Tattered Cover was created in 1971.
The duration of The Tattered Dress is 1.55 hours.