Webster's English Dictionary

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shipwreck

1. ship.wreck \-.rek\ n [alter. of earlier shipwrack, fr. ME schipwrak, fr. 
   OE scipwr<]a-e>c, fr. scip ship + wrc something driven by the sea - 
   more at WRACK 1: a wrecked ship or its parts : WRECKAGE  2: the destruction 
   or loss of a ship  3: an irretrievable loss or failure : RUIN 
2. shipwreck vt 1a: to cause to experience shipwreck  1b: RUIN  2: to 
   destroy (a ship) by grounding or foundering