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bud (n.)

"undeveloped growth-point of a plant," late 14c., budde, origin unknown, perhaps from Old French boter "push forward, thrust," itself a Germanic word (compare Dutch bot "bud," Old Saxon budil "bag, purse," German Beutel), or perhaps from Old English budd "beetle."

bud (v.)

"put forth or produce buds," c. 1400; see bud (n.). Related: Budded; budding.

bud

familiar form of address for a male, 1851, perhaps a shortening of buddy (q.v.) and ultimately from brother.

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Definitions of bud from WordNet
1
bud (v.)
develop buds;
The hibiscus is budding!
bud (v.)
start to grow or develop;
a budding friendship
2
bud (n.)
a partially opened flower;
bud (n.)
a swelling on a plant stem consisting of overlapping immature leaves or petals;
From wordnet.princeton.edu