The difference between Caravel and Carvel
When used as nouns, caravel means a light, usually lateen-rigged sailing ship used by the portuguese, as well as spanish, for about 300 years, beginning in the fifteenth century, first for trade and later for voyages of exploration, whereas carvel means a small lateen-rigged mediterranean vessel with two masts, used to carry cargo.
check bellow for the other definitions of Caravel and Carvel
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Caravel as a noun (nautical):
A light, usually lateen-rigged sailing ship used by the Portuguese, as well as Spanish, for about 300 years, beginning in the fifteenth century, first for trade and later for voyages of exploration.
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Carvel as a noun (nautical):
a small lateen-rigged Mediterranean vessel with two masts, used to carry cargo
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Carvel as a noun:
the sea blubber