The Collaborative International Dictionary of English v.0.48:

Equip \E*quip"\, v. t. [imp. & p. p. Equipped; p. pr. & vb. n.
   Equipping.] [F. ['e]quiper to supply, fit out, orig. said
   of a ship, OF. esquiper to embark; of German origin; cf. OHG.
   scif, G. schiff, Icel. skip, AS. scip. See Ship.]
   1. To furnish for service, or against a need or exigency; to
      fit out; to supply with whatever is necessary to efficient
      action in any way; to provide with arms or an armament,
      stores, munitions, rigging, etc.; -- said esp. of ships
      and of troops. --Dryden.
      [1913 Webster]

            Gave orders for equipping a considerable fleet.
                                                  --Ludlow.
      [1913 Webster]

   2. To dress up; to array; accouter.
      [1913 Webster]

            The country are led astray in following the town,
            and equipped in a ridiculous habit, when they fancy
            themselves in the height of the mode. --Addison.
      [1913 Webster]

WordNet (r) 3.0 (2006):

equipped
    adj 1: provided or fitted out with what is necessary or useful
           or appropriate; "a well equipped playground"; "a ship
           equipped with every mechanical aid to navigation" [syn:
           equipped, equipt] [ant: unequipped]
    2: provided with whatever is necessary for a purpose (as
       furniture or equipment or authority); "a furnished
       apartment"; "a completely furnished toolbox" [syn:
       furnished, equipped] [ant: unfurnished]
    3: prepared with proper equipment; "equipped for service in the
       Arctic" [syn: equipped, fitted out(p)]
    4: carrying weapons [syn: equipped, weaponed]