Goods thrown overboard, but tied to a cork or buoy in order to
be found again. (Latin ligare, to tie or bind.)
The débris of a wreck which floats on the surface of the sea, and
is often washed ashore. (Latin flotare, to float.)
or jetsam. Goods thrown overboard in a storm to lighten the
vessel. (Latin jacere, to cast forth, through the French jeter.
Source: Dictionary of Phrase and Fable, E. Cobham Brewer, 1894
More on Ligan from Infoplease:
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