To allow something to fall off or be removed naturally. The snake will shed its skin as it grows.
To emit or radiate light. The lamp shed a warm glow over the room.
To discard or get rid of something unwanted. He decided to shed some of his old clothes before moving.
To cause tears or blood to flow. She shed tears of joy at the news.
To make something clearer or reveal new information about it, usually used with the noun “light” followed by the prepositions “on” or “upon”. The new evidence sheds light on how the accident happened.