yacht 
(yät)
(yät)n.
Any of various relatively small, streamlined sailing or motor-driven vessels used for pleasure cruises or racing.
intr.v. yacht·ed, yacht·ing, yachts
To sail, cruise, or race in a yacht.
[Probably obsolete Norwegian jagt, from Middle Low German jacht, short for jachtschip : jagen, to chase (from Old High German jagōn) + schip, ship.]