sunset (n.)

Old English sunne "the sun," from Proto-Germanic *sunno (source also of Old Norse, Old Saxon, Old High German sunna, Middle Dutch sonne, Dutch zon, German Sonne, Gothic sunno "the sun"), from PIE *s(u)wen-, alternative form of root *sawel- "the sun."

Old English sunne was feminine (as generally in Germanic), and the fem. pronoun was used in English until 16c.; since then masc. has prevailed. The empire on which the sun never sets (1630) originally was the Spanish, later the British. To have one's place in the sun (1680s) is from Pascal's "Pensées"; the German imperial foreign policy sense (1897) is from a speech by von Bülow.

Middle English setten, from Old English settan (transitive) "cause to sit; make or cause to rest as on a seat; cause to be put, placed, or seated;" also "put in a definite place," also "arrange, fix adjust; fix or appoint (a time) for some affair or transaction," and "cause (thoughts, affections) to dwell on."

This is from Proto-Germanic *(bi)satejanan "to cause to sit, set" (source also of Old Norse setja, Swedish sätta, Old Saxon settian, Old Frisian setta, Dutch zetten, German setzen, Gothic satjan), causative form of PIE *sod-, a variant of the root *sed- (1) "to sit." Also see set (n.2). It has been confused with sit (v.) at least since early 14c. 

The intransitive sense of "be seated" is from c. 1200; that of "sink down, descend, decline toward and pass below the horizon" (of the sun, moon, or stars) is by mid-13c., perhaps from similar use of the cognates in Scandinavian languages; figurative use of this is from c. 1600.

Many uses are highly idiomatic, the verb, like put, its nearest equivalent, and do, make, get, etc., having become of almost universal application, and taking its distinctive color from the context. [Century Dictionary]

The sense of "make or cause to do, act, or be; start, bring (something) to a certain state" (on fire, in order, etc.) and that of "mount a gemstone" are attested by mid-13c. That of "determine upon, resolve" is from c. 1300; hence be set against "resisting" (mid-14c.).

The sense of "make a table ready for a meal" is from late 14c.; that of "regulate or adjust by a standard" (of a clock, etc.) is from late 14c. In printing, "to place (types) in the proper order for reading; put into type," 1520s. From c. 1500 as "put words to music." From 1570s as "put (a broken or dislocated bone) in position." In cookery, plastering, etc., "become firm or solid in consistency" by 1736.

To set (one's) heart on (something) is from c. 1300 as "love, be devoted to;" c. 1400 as "have a desire for." To set (one's) mind is from mid-15c.; transitive set (one's mind) to "determine to accomplish" is from late 15c.  To set (something) on "incite to attack" (c. 1300) originally was in reference to hounds and game. To set an example is mid-14c. (set (v.) in the sense of "present" is from late Old English). The notion of "fix the value of" is behind old phrases such as set at naught "regard as nothing."

To set out is from c. 1300 as "display (for sale);" to set up shop "commence doing business" is from c. 1400.