Wordnet 3.0
ADJECTIVE (1)
1. 
 shielding (or designed to shield) against harm or discomfort; 
- Example: "the protecting blanket of snow"- Example: "a protecting alibi"
The Collaborative International Dictionary of English v.0.48:
Protect \Pro*tect"\, v. t. [imp. & p. p. Protected; p. pr. &
   vb. n. Protecting.] [L. protectus, p. p. of protegere,
   literally, to cover in front; pro before + tegere to cover.
   See Tegument.]
   To cover or shield from danger or injury; to defend; to
   guard; to preserve in safety; as, a father protects his
   children.
   [1913 Webster]
         The gods of Greece protect you!          --Shak.
   [1913 Webster]
   Syn: To guard; shield; preserve. See Defend.
        [1913 Webster]
WordNet (r) 3.0 (2006):
protecting
    adj 1: shielding (or designed to shield) against harm or
           discomfort; "the protecting blanket of snow"; "a
           protecting alibi"