The term to square a yard is used when sailing a square-rigged ship

Square rig

Square rig is a generic type of sail and rigging arrangement in which the primary driving sails are carried on horizontal spars which are perpendicular, or square, to the keel of the vessel and to the masts. These spars are called yards and their tips, beyond the last stay, are called the yardarms...

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To "square a yard" is to lay the yards

Yard (sailing)

A yard is a spar on a mast from which sails are set. It may be constructed of timber, steel, or from more modern materials, like aluminium or carbon fibre. Although some types of fore and aft rigs have yards , the term is usually used to describe the horizontal spars used with square sails...

 at right angles to the line of the keel

Keel

In boats and ships, keel can refer to either of two parts: a structural element, or a hydrodynamic element. These parts overlap. As the laying down of the keel is the initial step in construction of a ship, in British and American shipbuilding traditions the construction is dated from this event...

 by trimming with the braces

Braces (sailing)

The braces on a square-rigged ship are lines used to rotate the yards around the mast, to allow the ship to sail at different angles to the wind....

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Explanation

"Squaring a yard" adjusts the position of the square sails so that they are perpendicular to the keel of the ship. This is done in order to "run before the wind', i.e., sail with the wind directly behind the vessel rather than tacking

Tack (sailing)

Tack is a term used in sailing that has different meanings in different contexts, variously a part of a sail, and an alignment with the wind. When using the latter sense, the maneuver of turning between starboard and port tack is either tacking or jibing....

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When a square-rigger is running downwind, and the yards are positioned perpendicular to the line of the keel, both sheets that control the yard (braces) are tied off aft (i.e., straight back), leading to the figurative phrase "Both sheets aft."

"Both sheets aft, The situation of a square-rigged ship that sails before the wind, or with the wind right astern. It is said also of a half-drunken sailor rolling along with his hands in his pockets and elbows square."

Further definition

"Square ... A term peculiarly appropriated to the yards and their sails. Thus, when the yards hang at right angles with the mast they are said to be 'square by the lifts;' when perpendicular to the ship's length, they are 'square by the braces;' but when they lie in a direction perpendicular to the plane of the keel, they arc 'square by the lifts and braces.' The yards are said to be very square when they are of extraordinary length, and the same epithet is applied to their sails with respect to their breadth."

See also

• Square rig
  Square rig
  Square rig is a generic type of sail and rigging arrangement in which the primary driving sails are carried on horizontal spars which are perpendicular, or square, to the keel of the vessel and to the masts. These spars are called yards and their tips, beyond the last stay, are called the yardarms...
  
  
• Full-rigged ship
• Running downwind
• Yard (sailing)
  Yard (sailing)
  A yard is a spar on a mast from which sails are set. It may be constructed of timber, steel, or from more modern materials, like aluminium or carbon fibre. Although some types of fore and aft rigs have yards , the term is usually used to describe the horizontal spars used with square sails...
  
  
• Braces (sailing)
  Braces (sailing)
  The braces on a square-rigged ship are lines used to rotate the yards around the mast, to allow the ship to sail at different angles to the wind....