Webster's English Dictionary

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bilge

1. bilge \'bilj\ n [prob. modif. of MF boulge, bouge leather bag, curved 
   part - more] at BUDGET 1: the bulging part of a cask or barrel  2a: the 
   part of the underwater body of a ship between the flat of the botto m and 
   the vertical topsides 2b: the lowest point of a ship's inner hull  3: stale 
   or worthless remarks or ideas 
2. bilge vi 1: to undergo a fracture or other damage in the bilge  2: to 
   rest on the bilge