The Collaborative International Dictionary of English v.0.48:

Veer \Veer\, v. i. [imp. & p. p. Veered; p. pr. & vb. n.
   Veering.] [F. virer (cf. Sp. virar, birar), LL. virare;
   perhaps fr. L. vibrare to brandish, vibrate (cf. Vibrate);
   or cf. L. viriae armlets, bracelets, viriola a little
   bracelet (cf. Ferrule). Cf. Environ.]
   To change direction; to turn; to shift; as, wind veers to the
   west or north. "His veering gait." --Wordsworth.
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         And as he leads, the following navy veers. --Dryden.
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         an ordinary community which is hostile or friendly as
         passion or as interest may veer about.   --Burke.
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   To veer and haul (Naut.), to vary the course or direction;
      -- said of the wind, which veers aft and hauls forward.
      The wind is also said to veer when it shifts with the sun.
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The Collaborative International Dictionary of English v.0.48:

Veer \Veer\, v. t.
   To direct to a different course; to turn; to wear; as, to
   veer, or wear, a vessel.
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   To veer and haul (Naut.), to pull tight and slacken
      alternately. --Totten.

   To veer away or To veer out (Naut.), to let out; to
      slacken and let run; to pay out; as, to veer away the
      cable; to veer out a rope.
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WordNet (r) 3.0 (2006):

veer
    v 1: turn sharply; change direction abruptly; "The car cut to
         the left at the intersection"; "The motorbike veered to the
         right" [syn: swerve, sheer, curve, trend, veer,
         slue, slew, cut]
    2: shift to a clockwise direction; "the wind veered" [ant:
       back]