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The Collaborative International Dictionary
Reefing bowsprit

Reefing \Reef"ing\, n. (Naut.) The process of taking in a reef.

Reefing bowsprit, a bowsprit so rigged that it can easily be run in or shortened by sliding inboard, as in cutters.

Wiktionary
reefing bowsprit

n. (context nautical English) A bowsprit so rigged that it can easily be run in or shortened by sliding inboard, as in cutters.