TRAV'ERSE-BOARD, noun [traverse and board.] In a ship, a small board to be hung in the steerage, and bored full of holes upon lines, showing the points of compass upon it. By moving a peg on this, the steersman keeps an account of the number of glasses a ship is steered on any point.
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Webster's Dictionary 1828
American Dictionary of the English Language, Noah Webster, 1828.