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2 definitions found

From: Webster's Revised Unabridged Dictionary (1913)

 Li·gan n.  Law Goods sunk in the sea, with a buoy attached in order that they may be found again. See Jetsam and Flotsam. [Written also lagan.]
 

From: WordNet (r) 2.0

 ligan
      n : goods (or wreckage) on the sea bed that is attached to a
          buoy so that it can be recovered [syn: lagan, lagend]