DEW - Moisture in the air that settles on plants, etc in the morning, resulting in drops.
RED - Having red as its colour.
EWE - A female sheep, as opposed to a ram.
WEE - Small, little.
WED - To perform the marriage ceremony for; to join in matrimony.
DEER - A beast, usually a quadruped as opposed to birds, fish, etc.
DREW - Irregular simple past of draw.
REED - Any of various types of tall stiff perennial grass-like plants growing together in groups near water.
WEED - Any plant growing in cultivated ground to the injury of the crop or desired vegetation, or to the disfigurement of the place; an unsightly, useless, or injurious plant.
WELD - A herb (Reseda luteola) related to mignonette, growing in Europe, and to some extent in America, used to make a yellow dye; dyer's broom; dyer's rocket; dyer's weed; wild woad.
WELL - Accurately, competently.
WERE - Second-person singular simple past tense indicative of be.
LEWD - Lascivious, sexually promiscuous, rude.
DELL - Valley.
ELDER - Comparative of old; greater than another in age or seniority.
DWELL - A period of time in which a system or component remains in a given state.
WELDER - One who welds, or unites pieces of iron, etc., by welding.
WELLED - Simple past tense and past participle of well.
DWELLER - An inhabitant of a specific place; an inhabitant or denizen.