skid (n.) Look up skid at Dictionary.com
c.1600, "beam or plank on which something rests," probably from a Scandinavian source akin to Old Norse skið "stick of wood" (see ski). A skid as something used to facilitate downhill motion (cf. skid row) led to figurative phrases such as hit the skids "go into rapid decline" (1920).
skid (v.) Look up skid at Dictionary.com
1670s, "apply a skid to (a wheel, to keep it from turning)," from skid (n.). Meaning "slide along" first recorded 1838; extended sense of "slip sideways" (on a wet road, etc.) first recorded 1884 (the noun in this sense is attested from 1907). The original notion is of a block of wood for stopping a wheel; the modern senses are from the notion of a wheel slipping when blocked from revolving.