to prepare an edition of (a book, article, etc)
He edited Pope's works
to assemble (e.g. a film or tape recording) by deleting, inserting, and rearranging material
to alter or adapt (e.g. written material or spoken words), esp to condense or improve it make them consistent with a particular standard or purpose
to direct the publication of (a periodical)
She edits the local newspaper
editable adj
[back-formation from editor]