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From The Collaborative International Dictionary of English v.0.48:
Gloat \Gloat\, v. i. [imp. & p. p. Gloated; p. pr. & vb. n. Gloating.] [Akin to Icel. glotta to smile scornfully, G. glotzen to gloat.] To look steadfastly; to gaze earnestly; to gaze with passionate desire, lust, or avarice. [1913 Webster] 2. To gaze with malignant satisfaction; to exult maliciously, sometimes also triumphantly, in another's loss or discomfort; -- usually in a bad sense. [1913 Webster] In vengeance gloating on another's pain. --Byron. [1913 Webster]