The story
From foil + fifty, from AC50; because it measures approximately 50 feet on the waterline, and uses hydrofoils, and is derived from the AC50 class.
Etymology from Wiktionary, CC BY-SA 4.0.
Today it means: A hydrofoil catamaran sailing racing yacht, with a wingsail mainsail. Full definition →
From foil + fifty, from AC50; because it measures approximately 50 feet on the waterline, and uses hydrofoils, and is derived from the AC50 class.
Etymology from Wiktionary, CC BY-SA 4.0.