Source : Webster's Revised Unabridged Dictionary (1913)

Gutter \Gut*ter\, v. t. [imp. & p. p. {Guttered}; p. pr. & vb.
   n. {Guttering}.]
   1. To cut or form into small longitudinal hollows; to
      channel. --Shak.

   2. To supply with a gutter or gutters. [R.] --Dryden.

Gutter \Gut"ter\, v. i.
   To become channeled, as a candle when the flame flares in the
   wind.

Gutter \Gut"ter\, n. [OE. gotere, OF. goutiere, F. goutti[`e]re,
   fr. OF. gote, goute, drop, F. goutte, fr. L. gutta.]
   1. A channel at the eaves of a roof for conveying away the
      rain; an eaves channel; an eaves trough.

   2. A small channel at the roadside or elsewhere, to lead off
      surface water.

            Gutters running with ale.             --Macaulay.

   3. Any narrow channel or groove; as, a gutter formed by
      erosion in the vent of a gun from repeated firing.

   {Gutter member} (Arch.), an architectural member made by
      treating the outside face of the gutter in a decorative
      fashion, or by crowning it with ornaments, regularly
      spaced, like a diminutive battlement.

   {Gutter plane}, a carpenter's plane with a rounded bottom for
      planing out gutters.

   {Gutter snipe}, a neglected boy running at large; a street
      Arab. [Slang]

Source : WordNet®

gutter
     v 1: burn unsteadily, feebly, or low; flicker; "The cooling lava
          continued to gutter toward lower ground"
     2: flow in small streams; "Tears guttered down her face"
     3: wear or cut gutters into; "The heavy rain guttered the soil"
     4: provide with gutters; "gutter the buildings"

gutter
     n 1: a channel along the eaves or on the roof; collects and
          carries away rainwater [syn: {trough}]
     2: misfortune resulting in lost effort or money; "his career
        was in the gutter"; "all that work went down the sewer";
        "pensions are in the toilet" [syn: {sewer}, {toilet}]
     3: a worker who guts things (fish or buildings or cars etc.)
     4: a tool for gutting fish