A yacht is a high end recreational boat. It designates two rather different classes of watercraft, sailing and power boats. Yachts are different from working ships mainly by their leisure purpose. It wasn't until the rise of the steamboat and other types of powerboat that sailing vessels in general came to be perceived as luxury items. However, since the level of luxury on larger yachts has seen an increasing trend, the use of the word yacht to mean any sailing vessel has been diminishing and i… (More on Yacht)