Launch

n.
  1. The act of launching.
  2. The movement of a vessel from land into the water; especially, the sliding on ways from the stocks on which it is built.
  3. (Naut.) The boat of the largest size belonging to a ship of war; also, an open boat of any size driven by steam, naphtha, electricity, or the like.
  4. Launching ways . (Naut.)
    See Way, n. (Naut.).