"Shipwreck" is a word in LAW AND LEGAL, ENGLISH

The demolition or shat-tering of a vessel, caused by her driving ashore or on rocks and shoals in the mid-seas, or by the violence of winds and waves ln tempests. 2 Arn. Ins. p. 734

To destroy, as a ship at sea, by running ashore or on
rocks or sandbanks, or by the force of wind and waves in a tempest.

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.

A ship wrecked or destroyed upon the water, or the parts
of such a ship; wreckage.

The breaking in pieces, or shattering, of a ship or
other vessel by being cast ashore or driven against rocks, shoals,
etc., by the violence of the winds and waves.

Fig.: Destruction; ruin; irretrievable loss.