The Collaborative International Dictionary of English v.0.48:

Libel \Li"bel\, v. t. [imp. & p. p. Libeled (-b[e^]ld) or
   Libelled; p. pr. & vb. n. Libeling or Libelling.]
   1. To defame, or expose to public hatred, contempt, or
      ridicule, by a writing, picture, sign, etc.; to lampoon.
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            Some wicked wits have libeled all the fair. --Pope.
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   2. (Law) To proceed against by filing a libel, particularly
      against a ship or goods.
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