The Collaborative International Dictionary of English v.0.48:

Breed \Breed\, v. t. [imp. & p. p. Bred; p. pr. & vb. n.
   Breeding.] [OE. breden, AS. br[=e]dan to nourish, cherish,
   keep warm, from br[=o]d brood; akin to D. broeden to brood,
   OHG. bruoten, G. br["u]ten. See Brood.]
   1. To produce as offspring; to bring forth; to bear; to
      procreate; to generate; to beget; to hatch.
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            Yet every mother breeds not sons alike. --Shak.
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            If the sun breed maggots in a dead dog. --Shak.
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   2. To take care of in infancy, and through the age of youth;
      to bring up; to nurse and foster.
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            To bring thee forth with pain, with care to breed.
                                                  --Dryden.
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            Born and bred on the verge of the wilderness.
                                                  --Everett.
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   3. To educate; to instruct; to form by education; to train;
      -- sometimes followed by up.
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            But no care was taken to breed him a Protestant.
                                                  --Bp. Burnet.
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            His farm may not remove his children too far from
            him, or the trade he breeds them up in. --Locke.
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   4. To engender; to cause; to occasion; to originate; to
      produce; as, to breed a storm; to breed disease.
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            Lest the place
            And my quaint habits breed astonishment. --Milton.
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   5. To give birth to; to be the native place of; as, a pond
      breeds fish; a northern country breeds stout men.
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   6. To raise, as any kind of stock.
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   7. To produce or obtain by any natural process. [Obs.]
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            Children would breed their teeth with less danger.
                                                  --Locke.
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   Syn: To engender; generate; beget; produce; hatch; originate;
        bring up; nourish; train; instruct.
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The Collaborative International Dictionary of English v.0.48:

Breeding \Breed"ing\, n.
   1. The act or process of generating or bearing.
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   2. The raising or improving of any kind of domestic animals;
      as, farmers should pay attention to breeding.
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   3. Nurture; education; formation of manners.
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            She had her breeding at my father's charge. --Shak.
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   4. Deportment or behavior in the external offices and
      decorums of social life; manners; knowledge of, or
      training in, the ceremonies, or polite observances of
      society.
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            Delicacy of breeding, or that polite deference and
            respect which civility obliges us either to express
            or counterfeit towards the persons with whom we
            converse.                             --Hume.
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   5. Descent; pedigree; extraction. [Obs.]
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            Honest gentlemen, I know not your breeding. --Shak.
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   Close breeding, In and in breeding, breeding from a male
      and female from the same parentage.

   Cross breeding, breeding from a male and female of
      different lineage.

   Good breeding, politeness; genteel deportment.
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   Syn: Education; instruction; nurture; training; manners. See
        Education.
        [1913 Webster] Breeze

WordNet (r) 3.0 (2006):

breeding
    adj 1: producing offspring or set aside especially for producing
           offspring; "the breeding population"; "retained a few
           bulls for breeding purposes"
    n 1: elegance by virtue of fineness of manner and expression
         [syn: breeding, genteelness, gentility]
    2: the result of good upbringing (especially knowledge of
       correct social behavior); "a woman of breeding and
       refinement" [syn: education, training, breeding]
    3: helping someone grow up to be an accepted member of the
       community; "they debated whether nature or nurture was more
       important" [syn: breeding, bringing up, fostering,
       fosterage, nurture, raising, rearing, upbringing]
    4: the production of animals or plants by inbreeding or
       hybridization
    5: the sexual activity of conceiving and bearing offspring [syn:
       reproduction, procreation, breeding, facts of life]