Meaning

• A circular wooden vessel, made of hooped staves.

• A kind of basket made especially from straw of rushes, especially for holding fish; by extension, the contents of such a basket or similar container, used as a measure of weight.

  "1961 18 Jan, Guardian (cited after OED):"

• A collection of items forming the equipment of a soldier, carried in a knapsack.

• Any collection of items needed for a specific purpose, especially for use by a workman, or personal effects packed for travelling.

  "Always carry a good first-aid kit."

• A collection of parts sold for the buyer to assemble.

  "I built the entire car from a kit."

• The set of skills and abilities chosen for a playable character.

• The standard set of clothing, accessories and equipment worn by players.

• Clothing.

  "Get your kit off and come to bed."

• A full software distribution, as opposed to a patch or upgrade.

• A drum kit.

Meaning

• To assemble or collect something into kits or sets or to give somebody a kit. See also kit out and other derived phrases.

  "We need to kit the parts for the assembly by Friday, so that manufacturing can build the tool."