The Collaborative International Dictionary of English v.0.48:

Hive \Hive\, v. t. [imp. & p. p. Hived; p. pr. & vb. n.
   Hiving.]
   1. To collect into a hive; to place in, or cause to enter, a
      hive; as, to hive a swarm of bees.
      [1913 Webster]

   2. To store up in a hive, as honey; hence, to gather and
      accumulate for future need; to lay up in store.
      [1913 Webster]

            Hiving wisdom with each studious year. --Byron.
      [1913 Webster]