[1] : The Collaborative International Dictionary of English v.0.48

razee \razee"\ r.az=e", n. f. vaisseau ras'e, fr.
   raser to raze, to cut down ships. see raze, v. t., rase,
   v. t. naut.
   an armed ship having her upper deck cut away, and thus
   reduced to the next inferior rate, as a seventy-four cut down
   to a frigate. --totten.
   1913 webster
see also:
raze rase 

[2] : The Collaborative International Dictionary of English v.0.48

razee \razee"\, v. t. imp.  p. p. razeed r.az=ed";
   p. pr.  vb. n. razeeing.
   to cut down to a less number of decks, and thus to an
   inferior rate or class, as a ship; hence, to prune or abridge
   by cutting off or retrenching parts; as, to razee a book, or
   an article.
   1913 webster
see also:
razeed razeeing 

Razee >> R Words
Razee, definition of term: Razee
razee_pag1.html