to shell out

Webster's Dictionary (GCIDE)

1.To strip or break off the shell of; to take out of the shell, pod, etc.; as, to shell nuts or pease; to shell oysters. [1913 Webster]

2.To separate the kernels of (an ear of Indian corn, wheat, oats, etc.) from the cob, ear, or husk. [1913 Webster]

3.To throw shells or bombs upon or into; to bombard; as, to shell a town. [1913 Webster]

To shell out, to distribute freely; to bring out or pay, as money. [Colloq.] [1913 Webster]