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Wiktionary
centre of buoyancy

alt. (context nautical English) the point through which the resultant of all buoyant forces on an immersed hull are assumed to act; the centre of mass of the displaced water. n. (context nautical English) the point through which the resultant of all buoyant forces on an immersed hull are assumed to act; the centre of mass of the displaced water.

WordNet
centre of buoyancy

n. (physics) the center of mass of the immersed part of ship or other floating object [syn: center of buoyancy, center of immersion, centre of immersion]