A shank is a type of knot that is used to shorten a rope or take up slack, such as the sheepshank. The sheepshank knot is not stable. It will fall apart under too much load or too little load.

A knot is an intentional complication in cordage which may be practical or decorative, or both. Practical knots are classified by function, including hitches, bends, loop knots, and splices: a hitch fastens a rope to another object; a bend fastens two ends of a rope to each another; a loop knot is any knot creating a loop; and splice denotes any multi-strand knot, including bends and loops. A knot may also refer, in the strictest sense, to a stopper or knob at the end of a rope to keep that end from slipping through a grommet or eye. Knots have excited interest since ancient times for their practical uses, as well as their topological intricacy, studied in the area of mathematics known as knot theory.