To hit or knock (something or someone), intentionally or accidentally, so that it falls.
To drink fast.
To disassemble for shipment.
To reduce the price of.
To demolish.
To approve a drinking toast by banging glasses on the table.
At an auction, to declare (something) sold with a blow from the gavel.
To wreck a boat through a collision or mishap.
An event where a ship sinks or runs aground.
A ship that has sunk or run aground so that it is no longer seaworthy.
destruction; ruin; irretrievable loss