CAPSTAN n.
A vertical cleated drum or cylinder, revolving on an upright spindle, and surmounted by a drumhead with sockets for bars or levers. It is much used, especially on shipboard, for moving or raising heavy weights or exerting great power by traction upon a rope or cable, passing around the drum. It is operated either by st…
CASH n.
having given security for repayment, draws at pleasure upon the bank to the extent of an amount agreed upon; -- called also bank credit and cash account. -- Cash sales, sales made for ready, money, in distinction from those on which credit is given; stocks sold, to be delivered on the day of transaction.…