Source : Webster's Revised Unabridged Dictionary (1913)

Freight \Freight\, n. [F. fret, OHG. fr?ht merit, reward. See
   {Fraught}, n.]
   1. That with which anything in fraught or laden for
      transportation; lading; cargo, especially of a ship, or a
      car on a railroad, etc.; as, a freight of cotton; a full
      freight.

Freight \Freight\, a.
   Employed in the transportation of freight; having to do with
   freight; as, a freight car.

   {Freight agent}, a person employed by a transportation
      company to receive, forward, or deliver goods.

   {Freight car}. See under {Car}.

   {Freight train}, a railroad train made up of freight cars; --
      called in England goods train.

Freight \Freight\, v. t. [imp. & p. p. {Freighted}; p. pr. & vb.
   n. {Freighting}.] [Cf. F. freter.]
   To load with goods, as a ship, or vehicle of any kind, for
   transporting them from one place to another; to furnish with
   freight; as, to freight a ship; to freight a car.

Source : WordNet®

freight
     v 1: transport commercially as cargo
     2: load with goods for transportation

freight
     n 1: goods carried by a large vehicle [syn: {cargo}, {lading}, {load},
           {loading}, {payload}, {shipment}, {consignment}]
     2: transporting goods commercially at rates cheaper than
        express rates [syn: {freightage}]
     3: the charge for transporting something by common carrier; "we
        pay the freight"; "the freight rate is usually cheaper"
        [syn: {freightage}, {freight rate}]