v. & n.
v.tr. (-cutting; past and past part. -cut) 1 sell or work at a lower price or lower wages than. 2 Golf strike (a ball) so as to make it rise high. 3 a cut away the part below or under (a thing). b cut away material to show (a carved design etc.) in relief. 4 render unstable or less firm, undermine.
n. 1 Brit. the underside of a sirloin. 2 US a notch cut in a tree-trunk to guide its fall when felled. 3 any space formed by the removal or absence of material from the lower part of something.