SQUID

noun

1. Any of several carnivorous marine cephalopod mollusks, of the order Teuthida, having a mantle, eight arms, and a pair of tentacles
2. A fishhook with a piece of bright lead, bone, or other substance fastened on its shank to imitate a squid.
3. (mildly) A sailor in the Navy.

verb

1. To fish with the kind of hook called a squid.
2. (parachuting) To cause squidding (an improper, partial, parachute inflation, that results in the sides of the parachute folding in on the center, and pulsating back and forth).