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English definition of “shed”


verb [T]     /ʃed/ (shedding, shed, shed)
to get rid of something you do not need or want , especially jobs or employees : There are rumors that the retailer will shed more than 400 jobs over the next year . shed workers / employees / staff
STOCK MARKET to lose value in the stock market or other financial markets : The stock shed another 16% of its value yesterday , closing at $15.25. The Dow Jones industrial average shed 242.66 points , or 1.97%, to close at 12,075.96.
(Definition of shed verb from the Cambridge Business English Dictionary © Cambridge University Press)
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