The Collaborative International Dictionary of English v.0.48:

Raze \Raze\, v. t. [imp. & p. p. Razed (r[=a]zd); p. pr. & vb.
   n. Razing.] [F. raser. See Rase, v. t.] [Written also
   rase.]
   1. To erase; to efface; to obliterate.
      [1913 Webster]

            Razing the characters of your renown. --Shak.
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   2. To subvert from the foundation; to lay level with the
      ground; to overthrow; to destroy; to demolish.
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            The royal hand that razed unhappy Troy. --Dryden.
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   Syn: To demolish; level; prostrate; overthrow; subvert;
        destroy; ruin. See Demolish.
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The Collaborative International Dictionary of English v.0.48:

Razed \Razed\ (r[=a]zd), a.
   Slashed or striped in patterns. [Obs.] "Two Provincial roses
   on my razed shoes." --Shak.
   [1913 Webster]

WordNet (r) 3.0 (2006):

razed
    adj 1: torn down and broken up [syn: demolished, dismantled,
           razed]