Float On / Float Off

In sailing, to be lifted by a wind shift that allows your boat to be lifted closer to the wind where by it allows you to sail a shorter distance to the next mark, buoy or finish line

The process by which a negotiable instrument such as a Bill of exchange, Promissory Note or Cheque is transferred in good faith and for value. Negotiation only occurs when the transferring party receives value. In international trade this is normally an e ...

Each taxpaying individual in the UK is entitled to an annual exemption of

The point at which sellers have fulfilled their obligations so the goods in a legal sense could be said to have been delivered to the buyer. They are shorthand expressions that set out the rights and obligations of each party when it comes to transporting ...

An endowment plan which carries an option at maturity for the proceeds to be paid in the form of a.

That part of a shaft or axle that rotates or angularly oscillates in or against a bearing or about which a bearing rotates or angularly oscillates.

Flag Of Convenience

Uncharted navigational danger that has been reported but has not been verified by survey.

Broadly, insurance covering loss or damage of goods at sea. Marine insurance typically compensates the owner of merchandise for losses sustained from fire, shipwreck, etc., but excludes losses that can be recovered from the carrier.

Emergency Position Indicating Radio Beacon. Small buoyant transmitter which should always remain afloat if the ship sinks, and send automatically a distress message via satellites.

An absolute temperature scale. (

Coal tar or asphalt-based coating.

The amount of visible light that passes through the glazing material of a window, expressed as a percentage.

Localized corrosion of a metal surface at, or immediately adjacent to, an area that is shielded from full exposure to the environment because of close proximity between the metal and the surface of another material.

A water heater that heats water before it is directly distributed for end use as required; a demand water heater.

A naval rank next below that of lieutenant-commander, which is next below that of captain (the equivalent of commander).

A compound that causes oxidation, thereby itself being reduced.

The process in which a solid fuel is converted into a gas; also known as pyrolitic distillation or pyrolysis. Production of a clean fuel gas makes a wide variety of power options available.

The lowest temperature that can be obtained on a wet-bulb thermometer in any given sample of air. Obtained by evaporation of water (or ice) from the muslin wick. Used in computing dew point and relative humidity.