The borrowing of money by the master using his ship as security.

An expression of surprise or unbelief, as when a ship strikes a rock or shoal so hard that her timbers shiver.

A term used by the London Stock Exchange to denote that a trade was executed in one currency but.

(GPP)At its simplest, this is a series of individual personal pension plans, although if an employer.

The forwardmost or front part of the vessel. Opposite of Stern

To sail too close to the wind so that the sails start to luff.

See: 'condor.

An index of a range of Government Securities (gilts).

Operation mode of a communication circuit in which one end can only transmit and the other end can only receive.

A series of sound signals required by COLREGS to prevent collisions at sea.

Long-range navigation system that uses radio signals transmitted at specific times. An onboard receiver computes position by measuring the difference in time of signal reception. This system is being phased out in favor of GPS.

The passing of several turns of line across the jaw of a hook to prevent something on the hook, such as an eye or a line, from jumping clear.

A group of whales.

A glazed structure, such as greenhouse or "sunspace."

A pneumatic percussive drill designed as a boring tool.

Flat bottomed vessel with a shallow draught.

A small channel or opening in a filter medium which allows passage of gas.

A watertight cockpit with scuppers, drains, or bailers that remove water.

The angle between a line from a point on the earth's surface to the center of the solar disc, and a line extending horizontally from the point.

Load/unload control system that tries to maximize compressor efficiency by matching air delivery and air demand. Compressor is operated at full load or idle.