define: CORSAIR

define: CORSAIR - Google Search -- You have to hand it to old John Pierpont Morgan--when he named his yacht Corsair III, he at least let them know--in a roundabout, tongue-in-cheek way--that he was coming. It may have been the sporting thing to do. The same rich vein of good humor runs through the world of finance today, as the yacht's namesake sails back into this country, from a lengthy European tour.