A wooden peg or bolt used in shipbuilding to join or fasten wooden planks together.
From 'clap' (to join/fasten) + 'holt' (Old English for wood/hold). This nautical term comes from traditional wooden ship construction techniques.
Wooden ships required thousands of carefully crafted pegs—clapholt failure could sink a vessel, which is why shipwrights were among the most respected and highly paid craftspeople in medieval Europe.
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