(archaic) A large ship used for transportation; (more generally) a large ship that is difficult to manoeuvre.
(bodybuilding) An excessively muscled person.
(by extension) A non-functional but floating ship, usually stripped of equipment and rigging, and often put to other uses such as accommodation or storage.
(figuratively) A big (and possibly clumsy) person.
(figuratively) A large structure with a dominating presence.
verb
(intransitive) Of a (large) person: to act or move slowly and clumsily.
(intransitive) To be a hulk, that is, a large, hulking, and often imposing presence.
(transitive) To move (a large, hulking body).
(transitive, obsolete except Britain, dialectal) To remove the entrails of; to disembowel.
To reduce (a ship) to a non-functional hulk.
To temporarily house (goods, people, etc.) in such a hulk.