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A tricorne (also spelled: tricorn) is cocked hat with the brim turned up to form three points that was popular during the late 17th century and 18th century. It fell out of style shortly before the French Revolution. At the peak of its popularity, the tricorne was worn as civilian dress and as part of military and naval uniforms. Its distinguishing characteristic was a practical one: the turned-up portions of the brim formed gutters that directed rainwater away from the wearer's face, depositing most of it over his shoulders. Before the invention of specialized rain gear, this was a distinct advantage. Typically a tricorne would be worn with one of the three points facing forward directly above the forehead the other two parallel to the shoulders. Corsairs in Final Fantasy XI clearly take a little more liberty in how their hats are worn and folded.
A commodore is a naval rank used historically and presently by several navies. The rank of Commodore derives from the French commandeur, which was one of the highest ranks in orders of knighthood, and in military orders the title of the knight in charge of a commenda (a local part of the order's territorial possessions).