Definitions
1.Nouna misappropriation of government property; embezzlement or fraud carried out in the management of a ship.
2.Noun↑ King, Dean; Hattendorf, John B. (2012), A Sea of Words: A lexicon and Companion to the Complete Seafaring Tales of Patrick O'Brian
3.Noun↑ Partridge, Eric (1961), A Dictionary of Slang and Unconventional English, volume 1, New York: The Macmillan Company, pages 125, 1028