The Collaborative International Dictionary of English v.0.48:

Verd \Verd\, n. [See Vert, Verdant.]
   1. (Eng. Forest Law)
      (a) The privilege of cutting green wood within a forest
          for fuel.
      (b) The right of pasturing animals in a forest. --Burrill.
          [1913 Webster]

   2. Greenness; freshness. [Obs.] --Nares.
      [1913 Webster]