When the wind shifts toward the bow. Opposite of lifted.

See gain.

(1) To adjust the sails for best advantage. (2) Fore and aft balance of a boat. If either the bow or stern is depressed, the vessel is said to be down by the bow or down by the stern. (3) To trim is to adjust. It does not just apply to sheets. You can tri ...

The electromotive force generated in a circuit containing two dissimilar metals when one junction is at a temperature different from that of the other. see also thermocouple.

Long Ton/Miles

Society of Maritime Arbitrators

A policy which covers the insured against the loss of an asset. The purpose of the insurance is to.

Rope made of the fibers of the hemp plant and used for small stuff or less than 24 thread (1.75 inch circumference). (Rope is measured by circumference, wire by diameter.)

Official terminology for life jacket. When properly used a PFD will support a person in the water. Also called a life jacket, life preserver or life vest.

Surface discoloration of a metal caused by formation of a thin film of corrosion product.

The price at which a bond or preferred stock can be redeemed by the issuer. The call price will.

The opening up the back (aft) edge of the mast in which the mainsail luff rope slides when it is hoisted. Some masts have an external sail track.

(IRA)In the US, a tax-deferred retirement savings account which may be set up by people in employment. .

International Union of Marine Insurance

A lower-than-usual tariff rate assessed because a shipper offers a greater volume than specified in the tariff. The incentive rate is assessed for that portion exceeding the normal volume.

Meddling or fooling around.

A solar energy conversion device that uses a trough covered with a highly reflective surface to focus sunlight onto a linear absorber containing a working fluid that can be used for medium temperature space or process heat or to operate a steam turbine fo ...

Association of Private Client Investment Managers and Stockbrokers An association formed in 1990 to represent the interests of stockbroking and investment.

A double block where the two sheaves lie in a plane one below the other, rather than alongside each other.

A loan which the lender can recall at any time. There is no specific maturity.