something formed: a shaped object, or the human creature God shaped from dust
This is the down-to-earth sense of the word, rooted in the picture of a potter at his wheel. The verb behind it means to form or shape, and this noun names what comes off the wheel: the thing that has been made.
The Bible uses it three ways at this concrete end. It can name a manufactured object held up to ridicule, as when a prophet calls a cast metal idol a mere "thing made" that its own maker foolishly trusts. It can name a clay pot, in the absurd image of the pot talking back to the potter who shaped it. And, most movingly, it can name the human being as a formed thing: Psalm 103 says God knows our frame and remembers that we are dust, echoing the opening of Genesis where God shapes the first human out of the ground.
What ties these together is the relationship between a maker and the made. The word keeps the reader's eye on the fact that the object did not make itself. That is why it lends itself both to mocking an idol (a made thing that cannot save) and to comforting a frail person (a made thing whose Maker has not forgotten how fragile he built it).