The Collaborative International Dictionary of English v.0.48:

Bulge \Bulge\, v. i. [imp. & p. p. Bulged; p. pr. & vb. n.
   Bulging.]
   1. To swell or jut out; to bend outward, as a wall when it
      yields to pressure; to be protuberant; as, the wall
      bulges.
      [1913 Webster]

   2. To bilge, as a ship; to founder.
      [1913 Webster]

            And scattered navies bulge on distant shores.
                                                  --Broome.
      [1913 Webster]