Hail a boat (4)
I believe the answer is:
ahoy
'hail' is the definition.
(I've seen this before)
'a boat' is the wordplay.
'boat' becomes 'hoy' (type of ship or barge).
'a'+'hoy'='AHOY'
(Other definitions for ahoy that I've seen before include "Hello sailor!" , "Offshore hail" , "Nautical greeting" , "Naval call for attention" , "Nautical hail" .)