Derrick (noun)

1. A type of crane with a tall vertical mast and a horizontal boom, used for hoisting and moving heavy loads.
2. A type of rig used for drilling for oil or gas, consisting of a tall tower with a system of pulleys and cables for raising and lowering the drill.

Origin:

From the name of a hangman named derrick gallows in the 17th century.

Examples:

1. The derrick was used to hoist the heavy steel beams into place.
2. The derrick was used to lift the heavy equipment off the truck.
3. The oil derrick towered over the landscape.
4. The workers were operating the derrick to drill for oil.
5. The derrick was used to lower the drilling equipment into the well.