01 n. A small yacht, generally from fifteen to twenty-five feet in length, having a mainsail and a jib; a sloop with a simplified rig and no bows…
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1.
A small yacht, generally from fifteen to twenty-five feet in length, having a mainsail and a jib; a sloop with a simplified rig and no bowsprit. All knockabouts have ballast and either a keel or centerboard. The original type was twenty-one feet in length. The next larger type is called a raceabout.(Naut.)
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2.
A knockabout performer or performance.[Theat. Slang]
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3.
A man hired on a sheep station to do odd jobs.[Colloq., Australia]