To move (an anchor) into the position of hanging vertically from the cathead with the bills pointing upwards, as when ready for dropping. Now chiefly historical.

To set (a yard) at an angle so that one end is higher than the other.

With reference to an anchor: in or into the position of hanging vertically from the cathead with the bills pointing upwards, as when ready for dropping; (also with reference to a yard) at an angle, with one end higher than the other.