bilge 
(bĭlj)
(bĭlj)n.
1. Nautical
a. The rounded portion of a ship's hull, forming a transition between the bottom and the sides.
b. The lowest inner part of a ship's hull.
2. Bilge water.
3. Slang Stupid talk or writing; nonsense.
4. The bulging part of a barrel or cask.
v. bilged, bilg·ing, bilg·es
v.intr.
1. Nautical To spring a leak in the bilge.
2. To bulge or swell.
v.tr.
Nautical To break open the bilge of.
[Probably alteration of BULGE.]
bilgy adj.