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Meaning of shearling

shear•ling

Pronunciation: (shēr'ling), [key]
— n.
  1. a yearling sheep that has been shorn once.
  2. short wool pulled from such a sheep.
  3. the skin from a recently shorn sheep or lamb, tanned with the wool still on it.
Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.