The Collaborative International Dictionary of English v.0.48:

Skirting \Skirt"ing\, n.
   1. (Arch.) A skirting board. [R.]
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   2. Skirts, taken collectivelly; material for skirts.
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   Skirting board, the board running around a room on the wall
      next the floor; baseboard.
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The Collaborative International Dictionary of English v.0.48:

Skirt \Skirt\, v. t. [imp. & p. p. Skirted; p. pr. & vb. n.
   Skirting.]
   1. To cover with a skirt; to surround.
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            Skirted his loins and thighs with downy gold.
                                                  --Milton.
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   2. To border; to form the border or edge of; to run along the
      edge of; as, the plain was skirted by rows of trees. "When
      sundown skirts the moor." --Tennyson.
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WordNet (r) 3.0 (2006):

skirting
    adj 1: being all around the edges; enclosing; "his encircling
           arms"; "the room's skirting board needs painting" [syn:
           encircling(a), skirting(a)]