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From The Collaborative International Dictionary of English v.0.48:
Galiot \Gal"i*ot\, n. [OE. galiote, F. galiote. See Galley.] (Naut.) (a) A small galley, formerly used in the Mediterranean, built mainly for speed. It was moved both by sails and oars, having one mast, and sixteen or twenty seats for rowers. (b) A strong, light-draft, Dutch merchant vessel, carrying a mainmast and a mizzenmast, and a large gaff mainsail. [1913 Webster]