Refers to the act of fishing or the catch itself.
Los pescadores estaban emocionados por la cantidad de despescos que lograron en su última salida al mar.
The fishermen were excited about the amount of catch they achieved on their last outing to the sea.
Los pescadores esperaban buenos despescos al amanecer, confiando en que el clima les favoreciera.
The fishermen were hoping for good catches at dawn, trusting that the weather would favor them.