The Collaborative International Dictionary of English v.0.48:

Hiss \Hiss\ (h[i^]s). v. i. [imp. & p. p. Hissed (h[i^]st); p.
   pr. & vb. n. Hissing.] [AS. hysian; prob. of imitative
   origin; cf. LG. hissen, OD. hisschen.]
   1. To make with the mouth a prolonged sound like that of the
      letter s, by driving the breath between the tongue and the
      teeth; to make with the mouth a sound like that made by a
      goose or a snake when angered; esp., to make such a sound
      as an expression of hatred, passion, or disapproval.
      [1913 Webster]

            The merchants among the people shall hiss at thee.
                                                  --Ezek. xxvii.
                                                  36.
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   2. To make a similar noise by any means; to pass with a
      sibilant sound; as, the arrow hissed as it flew.
      [1913 Webster]

            Shod with steel,
            We hissed along the polished ice.     --Wordsworth.
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The Collaborative International Dictionary of English v.0.48:

Hissing \Hiss"ing\, n.
   1. The act of emitting a hiss or hisses.
      [1913 Webster]

   2. The occasion of contempt; the object of scorn and
      derision. [Archaic]
      [1913 Webster]

            I will make this city desolate, and a hissing.
                                                  --Jer. xix. 8.
      [1913 Webster]

WordNet (r) 3.0 (2006):

hissing
    n 1: a fricative sound (especially as an expression of
         disapproval); "the performers could not be heard over the
         hissing of the audience" [syn: hiss, hissing,
         hushing, fizzle, sibilation]