'Raceabout' definitions:

Definition of 'raceabout'

From: WordNet
noun
A small sloop having the keep of a knockabout but with finer lines and carrying more sail

Definition of 'Raceabout'

From: GCIDE
  • Raceabout \Race"a*bout`\ (r[=a]s"[.a]*bout`), n. (Naut.) A small sloop-rigged racing yacht carrying about six hundred square feet of sail, distinguished from a knockabout by having a short bowsprit. [Webster 1913 Suppl.]