Wordnet 3.0
NOUN (4)
1. 
 a loop in a rope; 
2. 
 a bend or curve (especially in a coastline); 
3. 
 a broad bay formed by an indentation in the shoreline; 
- Example: "the Bight of Benin"- Example: "the Great Australian Bight"4. 
 the middle part of a slack rope (as distinguished from its ends); 
VERB (1)
1. 
 fasten with a bight; 
The Collaborative International Dictionary of English v.0.48:
Bight \Bight\ (b[imac]t), n. [OE. bi[yogh]t a bending; cf. Sw. &
   Dan. bugt bend, bay; fr. AS. byht, fr. b[=u]gan. [root]88.
   Cf. Bout, Bought a bend, and see Bow, v.]
   1. A corner, bend, or angle; a hollow; as, the bight of a
      horse's knee; the bight of an elbow.
      [1913 Webster]
   2. (Geog.) A bend in a coast forming an open bay; as, the
      Bight of Benin.
      [1913 Webster]
   3. (Naut.) The double part of a rope when folded, in
      distinction from the ends; that is, a round, bend, or coil
      not including the ends; a loop.
      [1913 Webster]
WordNet (r) 3.0 (2006):
bight
    n 1: a loop in a rope
    2: a bend or curve (especially in a coastline)
    3: a broad bay formed by an indentation in the shoreline; "the
       Bight of Benin"; "the Great Australian Bight"
    4: the middle part of a slack rope (as distinguished from its
       ends)
    v 1: fasten with a bight
Moby Thesaurus II by Grady Ward, 1.0:
61 Moby Thesaurus words for "bight":
   L, angle, apex, arm, armlet, bay, bayou, belt, bend, bifurcation,
   boca, cant, chevron, coin, corner, cove, crank, creek, crook,
   crotchet, deflection, dogleg, elbow, ell, estuary, euripus, fjord,
   fork, frith, furcation, gulf, gut, harbor, hook, inflection, inlet,
   knee, kyle, loch, mouth, narrow, narrow seas, narrows,
   natural harbor, nook, point, quoin, reach, road, roads, roadstead,
   slough, sound, strait, straits, swerve, veer, vertex, zag, zig,
   zigzag