Webster's English Dictionary

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cutter

cut.ter \'k*t-*r\ n often attrib  1: one that cuts :  1a: one whose work is 
   cutting or involves cutting  1b1: an instrument, machine, machine part, or 
   tool that cuts  1b2: a device for vibrating a cutting stylus in disc 
   recording  1b3: the cutting stylus or its point  2a: a ship's boat for 
   carrying stores or passengers  2b: a fore-and-aft rigged sailing boat with 
   a jib, forestaysail, mainsail,  and single mast 2c: a small armed boat in 
   government service  3: a light sleigh