The Collaborative International Dictionary of English v.0.48:

Pend \Pend\, v. i. [imp. & p. p. Pended; p. pr. & vb. n.
   Pending.] [L. pendere.]
   1. To hang; to depend. [R.]
      [1913 Webster]

            Pending upon certain powerful motions. --I. Taylor.
      [1913 Webster]

   2. To be undecided, or in process of adjustment.
      [1913 Webster]

The Collaborative International Dictionary of English v.0.48:

Pending \Pend"ing\, a. [L. pendere to hang, to be suspended. Cf.
   Pendent.]
   Not yet decided; in continuance; in suspension; as, a pending
   suit.
   [1913 Webster]

The Collaborative International Dictionary of English v.0.48:

Pending \Pend"ing\, prep.
   1. During; as, pending the trail. [Archaic]
      [1913 Webster]

   2. Until; awaiting; as, no decision will be taken pending his
      arrival.
      [PJC]

WordNet (r) 3.0 (2006):

pending
    adj 1: awaiting conclusion or confirmation; "business still
           pending"