The Collaborative International Dictionary of English v.0.48:

Hollow \Hol"low\, v. t. [imp. & p. p. Hollowed; p. pr. & vb.
   n. Hollowing.]
   To make hollow, as by digging, cutting, or engraving; to
   excavate. "Trees rudely hollowed." --Dryden.
   [1913 Webster]

The Collaborative International Dictionary of English v.0.48:

hollowed \hollowed\ adj.
   having a cavity within; as, canoe made of a hollowed log.
   [WordNet 1.5]