The Collaborative International Dictionary
Ratchet \Ratch"et\ (-[e^]t), n. [Properly a diminutive from the same word as rack: cf. F. rochet. See 2d Ratch, Rack the instrument.]
A pawl, click, or detent, for holding or propelling a ratchet wheel, or ratch, etc.
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A mechanism composed of a ratchet wheel, or ratch, and pawl. See Ratchet wheel, below, and 2d Ratch.
Ratchet brace (Mech.), a boring brace, having a ratchet wheel and pawl for rotating the tool by back and forth movements of the brace handle.
Ratchet drill, a portable machine for working a drill by hand, consisting of a hand lever carrying at one end a drill holder which is revolved by means of a ratchet wheel and pawl, by swinging the lever back and forth.
Ratchet wheel (Mach.), a circular wheel having teeth, usually angular, with which a reciprocating pawl engages to turn the wheel forward, or a stationary pawl to hold it from turning backward.
Note: In the cut, the moving pawl c slides over the teeth in one direction, but in returning, draws the wheel with it, while the pawl d prevents it from turning in the contrary direction.
Wiktionary
n. 1 A toothed wheel either held in position or turned by an engaging detent or pawl. 2 The retaining wheel over the mainspring arbor of a timepiece.
WordNet
n. toothed wheel held in place by a pawl or detent and turned by a lever