In marine insurance, the ascertaining and finally settling the amount of indemnity whether of average or of salvage which the insured (after all proper deductions have been made) is entitled to receive under the policy, when the ship is lost.
·noun The act of adjusting, or condition of being adjusted; act of bringing into proper relations; r...
Webster's Dictionary of the English Language
Swinging a ship to every point of bearing, to note the variation or error of the needle upon each rh...
The Sailor's Word-Book