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Definition of skid noun from the Oxford Advanced American Dictionary

skid

noun
/skɪd/ skid pronunciation American
 
1 the movement of a vehicle when it suddenly slides sideways in an uncontrolled wayThe motorcycle went into a skid.The skid marks on the road showed how fast the car had been traveling.2 a part that is underneath some aircraft, beside the wheels, and is used for landingthe skids of a helicopterIDIOMS

be on the skids

(informal) to be in a bad situation that will get worseThe party was on the skids for months before the election.be on the skids

put the skids on someone/something

(informal) to stop someone or something from being successful or making progressput the skids on