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English definition of “cut”

cut

noun [C]     /kʌt/
a reduction in the amount or level of something: a 0.25% cut in interest rates The supermarket is expected to make drastic job cuts to its 9,000-strong workforce.big/deep/swingeing, etc. cuts There will need to be big cuts in public spending. price/spending/tax, etc. cuts job/pay/wage, etc. cutsmake/propose/threaten, etc. cuts The industry regulator announced that it is proposing price cuts of at least 7%.
informal a share in an amount of money: If you make a profit on the deal, I'll expect a cut.
(Definition of cut noun from the Cambridge Business English Dictionary © Cambridge University Press)
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