I. ˈyät noun
Etymology: obsolete Dutch jaght, from Middle Low German jacht, short for jachtschip, literally, hunting ship
Date: 1557
: any of various recreational watercraft: as
a. : a sailboat used for racing
b. : a large usually motor-driven craft used for pleasure cruising
II. intransitive verb
Date: 1836
: to race or cruise in a yacht