v (transitive|nautical) To modify the angle of a vessel to the water by shifting cargo or ballast; to adjust for sailing; to assume, or cause a vessel to assume, a certain position, or trim, in the water. (FM 55-501).
v (transitive|nautical) To modify the angle of a vessel's sails relative to the wind, especially to set the sails to the most advantageous angle.
n (uncountable)decoration; especially, decoration placed along edges or borders
n (nautical) The fore-and-aft angle of the vessel to the water, with reference to the cargo and ballast; the manner in which a vessel floats on the water, whether on an even keel or down by the head or stern
n (nautical) The arrangement of the sails with reference to the wind.