The Collaborative International Dictionary of English v.0.48:

Braid \Braid\, n.
   1. A plait, band, or narrow fabric formed by intertwining or
      weaving together different strands.
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            A braid of hair composed of two different colors
            twined together.                      --Scott.
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   2. A narrow fabric, as of wool, silk, or linen, used for
      binding, trimming, or ornamenting dresses, etc.
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The Collaborative International Dictionary of English v.0.48:

Braid \Braid\ (br[=a]d), v. t. [imp. & p. p. Braided; p. pr. &
   vb. n. Braiding.] [OE. braiden, breiden, to pull, reach,
   braid, AS. bregdan to move to and fro, to weave; akin. to
   Icel. breg[eth]a, D. breiden to knit, OS. bregdan to weave,
   OHG. brettan to brandish. Cf. Broid.]
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   1. To weave, interlace, or entwine together, as three or more
      strands or threads; to form into a braid; to plait.
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            Braid your locks with rosy twine.     --Milton.
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   2. To mingle, or to bring to a uniformly soft consistence, by
      beating, rubbing, or straining, as in some culinary
      operations.
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   3. To reproach. [Obs.] See Upbraid. --Shak.
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The Collaborative International Dictionary of English v.0.48:

Braid \Braid\, n. [Cf.Icel. breg?a to move quickly.]
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   1. A quick motion; a start. [Obs.] --Sackville.
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   2. A fancy; freak; caprice. [Obs.] --R. Hyrde.
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The Collaborative International Dictionary of English v.0.48:

Braid \Braid\ v. i.
   To start; to awake. [Obs.] --Chaucer.
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The Collaborative International Dictionary of English v.0.48:

Braid \Braid\, a. [AS. br[ae]d, bred, deceit; akin to Icel.
   brag[eth] trick, AS. bredan, bregdan, to braid, knit, (hence)
   to knit a net, to draw into a net, i. e., to deceive. See
   Braid, v. t.]
   Deceitful. [Obs.]
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         Since Frenchmen are so braid,
         Marry that will, I live and die a maid.  --Shak.
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WordNet (r) 3.0 (2006):

braid
    n 1: a hairdo formed by braiding or twisting the hair [syn:
         braid, plait, tress, twist]
    2: trimming used to decorate clothes or curtains [syn: braid,
       gold braid, braiding]
    v 1: make by braiding or interlacing; "lace a tablecloth" [syn:
         braid, lace, plait]
    2: decorate with braids or ribbons; "braid a collar"
    3: form or weave into a braid or braids; "braid hair" [syn:
       braid, pleach] [ant: unbraid]

Moby Thesaurus II by Grady Ward, 1.0:

60 Moby Thesaurus words for "braid":
   band, brail, bun, cable, chignon, coil, cord, cue, embroidery,
   enlace, entwine, fillet, interknit, interlace, intertie,
   intertissue, intertwine, intertwist, interweave, intort, knit,
   knot, lace, ligament, ligation, ligature, line, loom, loop, mat,
   net, noose, pigtail, plait, pleach, queue, raddle, rattail, ribbon,
   rope, splice, spun yarn, string, tail, tendon, thong, tissue,
   topknot, trimming, twill, twine, twist, wattle, weave, web, wire,
   wreath, wreathe, wreathwork, yarn