Act of cutting. From the Oxford Dictionary online.

 1. lit.

1808   Cobbett’s Weekly Polit. Reg. 25 June 997 The speech is all whet and no cut. It is merely flummery.
1841   J. W. Loudon Ladies’ Compan. Flower Garden (ed. 9) 81 The shoot should be cut off with what gardeners call a clean cut.