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The line in which water at its surface verges or borders upon anything; specifically, in ship-building, one of the horizontal lines supposed to be described by the surface of the water on the sides of a ship, and exhibited at certain depths upon the sheer-draft.
(noun)
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Same as water-level, 1.
(noun)
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A semi-transparent line or mark formed in paper during its manufacture; a water-mark. See water-mark, 3.
(noun)
The Century Dictionary (Public Domain)