shed1
  
  n.
 a simple roofed structure, typically of wood and used for storage or to shelter animals. 
▸a larger structure, typically with one or more sides open, for storing vehicles or machinery.
 ▸Austral./NZ a building for shearing sheep or milking cattle.
v.
 (sheds, shedding, shedded)
 park (a vehicle) in a depot.
Etymology
  C15: appar. a var. of shade.
 
  
    
shed2
  
  v.
 (sheds, shedding; past and past part. shed)
      - (of a plant) allow (leaves or fruit) to fall to the ground. ▸(of a reptile, insect, etc.) allow (its skin, shell, etc.) to come off, to be replaced by another growing underneath. ▸lose (hair) as a result of moulting, disease, or age. 
- discard (something). ▸take off (clothes). 
- cast or give off (light).
- Brit. accidentally drop or spill.
- resist the absorption of.
- eliminate part of (an electrical power load) by disconnecting circuits.
Phrase
  
  Etymology
  OE sc(e)ādan ‘separate out (one selected group), divide’, also ‘scatter’, of Gmc origin; cf. sheath.