From The Collaborative International Dictionary of English v.0.48:

Garboard \Gar"board\, n. (Naut.)
   One of the planks next the keel on the outside, which form a
   garboard strake.
   [1913 Webster]

   Garboard strake or Garboard streak, the first range or
      strake of planks laid on a ship's bottom next the keel.
      [1913 Webster]
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