I. -ˌrek noun
Etymology: alteration of earlier shipwrack, from Middle English schipwrak, from Old English scipwræc, from scip ship + wræc something driven by the sea — more at wrack
Date: 12th century
1. : a wrecked ship or its parts
2. : the destruction or loss of a ship
3. : an irretrievable loss or failure
II. transitive verb
Date: 1589
1.
a. : to cause to experience shipwreck
b. : ruin
2. : to destroy (a ship) by grounding or foundering