What is to cause to experience shipwreck, as sailors or passengers. Hence, to cause to suffer some disaster or loss; to destroy or ruin, as if by shipwreck; to wreck; as, to shipwreck a business. Addison called?

shipwreck — To cause to experience shipwreck, as sailors or passengers. Hence, to cause to suffer some disaster or loss; to destroy or ruin, as if by shipwreck; to wreck; as, to shipwreck a business. Addison. (Webster's 1913.)