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friend, an aquantaince, one that one is referring to another in conversation, female, southern term, short for "shorty" (shorty a.k.a. girl)
"Hey shawd, what you gettin into tonight."
(could be male to male or female to female)

"Shawd, why don't you come over here and holla at me"
(male to female)
by Ty Nichols May 02, 2006