1. noun
a) Nothing; something which does not exist.
2. adjective
Wicked, immoral.
It is nought, it is nought, saith the buyer, but when he is gone his way, then he boasteth.
3. verb
To abase, to set at nought.
In this naked word sin, our Lord brought to my mind, generally, all that is not good, and the shameful despite and the utter noughting that He bare for us in this life, and His dying; and all the pains and passions of all His creatures, ghostly and bodily; (for we be all partly noughted, and we shall be noughted following our Master, Jesus, till we be full purged, that is to say, till we be fully noughted of our deadly flesh and of all our inward affections which are not very good;)
4. adverb
b) Not.
5. pronoun
Nothing; zero.
Wikipedia foundation.