Verb
freespool (third-person singular simple present freespools, present participle freespooling, simple past and past participle freespooled)
(transitive, intransitive, fishing) To release the fishing line freely from its spool, not under tension.
The disadvantage is that in freespool, there can be residual and unwanted resistance since the drag mechanism may not be completely out of the picture without resorting to more complex mechanics. Source: Internet
Reels with star drags generally have a separate lever which allows the reel to go into "freespool" by disengaging the spool from the drive train completely and allowing it to spin freely with little resistance. Source: Internet