In this subtitle the following words have the meanings indicated. “Beneficial use of dredged material” has the meaning stated in § 5–1101 of the Environment Article. “Certificate” means any certificate of number or title issued. “Dealer” means any person who: Engages in whole or in part in the business of buying, selling, or exchanging new and unused vessels or used vessels, or both, either outright or on conditional sale, bailment, lease, chattel mortgage, or otherwise; and Has an established place of business for sale, trade, and display of vessels. “Dealer” includes: A yacht broker; and A holder of a lien created under Title 16, Subtitle 2 of the Commercial Law Article who sells the vessel pursuant to that title, including a company commonly known as a lien and recovery company. “Dealer” does not include a licensed auctioneer acting on behalf of a seller, secured party, or owner and where title does not pass to the auctioneer and the auction is not for the purpose of avoiding the provisions of this title. “Governing body” means the county commissioners, county executive and county council of any county, the Mayor and City Council of Baltimore, and the elected officials of any municipal corporation in the State, subject to Article XI–E of the Maryland Constitution. “Lienholder” means a person holding a security interest. “Manufacturer” means any person engaged in the business of manufacturing or importing new and unused vessels, or new and unused outboard motors, for the purpose of sale or trade. “Marine repair contractor” means a person or entity engaged full time in the business of providing maintenance, repair, or similar services to vessels. “Motorboat” means any vessel equipped with propelling machinery, whether or not the machinery is the principal source of propulsion. “Operate” means to navigate or otherwise use a vessel. “Operator” means the person who operates or has charge of the navigation or use of a vessel. “Owner” means a person, other than a lienholder, having property in or title to a vessel. “Owner” includes a person entitled to use or possess a vessel subject to an interest in another person, reserved, or created by agreement and securing payment of performance of an obligation. “Owner” does not include a lessee under a lease not intended as security. “Parasailing” means a parachute or other device which causes a person to become airborne when towed by a vessel. “Personal watercraft” means a vessel that is: Propelled by a water–jet pump or other machinery as its primary source of motive power; and Designed to be operated by a person sitting, standing, or kneeling on the vessel. “Personal watercraft” does not include a vessel that is designed to be operated by a person sitting, standing, or kneeling in the vessel’s hull. “Security interest” means an interest which: Is reserved or created by an agreement which secures payment or performance of an obligation; and Is valid against third parties generally. “Ship lifeboat” means a lifeboat used solely for lifesaving purposes. “Ship lifeboat” does not include dinghies, tenders, speedboats, or other types of craft carried aboard a vessel and used for other than lifesaving purposes. “State of principal use” means the jurisdiction on whose waters a vessel is used or to be used most during a calendar year which is the period from January 1 through December 31. “Title tax” means the tax imposed under § 8–716 of this subtitle. “Use” means to operate, navigate, or employ a vessel. A vessel is in use whenever it is upon the water, whether it is moving, anchored, or tied up to any manner of dock or buoy. A vessel is also in use if it is kept in any structure in readiness for use. “Vessel” means every description of watercraft, including an ice boat but not including a seaplane, that is used or capable of being used as a means of transportation on water or ice. “Vessel” includes the motor, spars, sails, and accessories of a vessel. “Waters of the State” means any water within the jurisdiction of the State, the marginal sea adjacent to the State, and the high seas when navigated as part of a ride or journey to or from the shore of the State.