An independent organisation, appointed by an exchange, which guarantees securities.

(CTA)Oversees the operations of the US 'consolidated tape', which it developed, under a formal 'CTA Plan'.

The operation of tarring and blacking the rigging or hull to act as a preservative against the action of salt water. the best mixture was said to be coal tar, vegetable tar, and salt water boiled together and laid on hot.

A moment of time which could be measured by the shaking of a sail as a sailing ship comes into the wind.

Anything that is straightforward and easy.

1.Fuel oil2.For Orders3.Free Out

A private ship operating under license from a government against the merchant shipping of an enemy.

(1) The portion of an anchor that digs securely into the bottom, holding the boat in place. (2) The two triangular parts which make up a whale's tail.

A payment system in which the payer authorises the payee to take funds from his bank.

To take down a sail quickly; the entire action of getting a sail out of the wind and furling it.

The aft edge of a sail, more commonly called the leech.

A waybill covering two or more consignments of freight.

Contraction for "Shipper's Export Declaration."

The setting of the price (which then remains fixed) for forward dealing. This occurs at the time.

A system of reefing a sail by partially furling it. Roller furling systems are not necessarily designed to support roller reefing.

A type of furnace or reactor in which fuel particles are combusted while suspended in a stream of hot gas.

An extensive property.

A dining room on a ship.

To change a boat's direction, bringing the bow through the eye of the wind.

An outrigger used to hold a block clear of a mast or of the ship's side.