Riddle of the Day

[Gizmokid2005]

There is a common 7 letter English word which has a peculiar characteristic. Remove one of its letters and you have another word. In fact you can keep taking a letter away, one at a time and each time you will have a new word, continuing until you have a 1 letter word. What is this 7 letter word and what are the words created by removing a letter at a time?

ANSWER (Almost TL....): Snowing --> Sowing --> Swing --> Sing --> sin --> in --> i

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