Cutter

1. A sailing vessel defined by its rig. In European waters this is a single-masted fore and aft rig with two or more headsails In North American waters, the definition also considers whether or not the bowsprit is permanently fixed and also takes into account the position of the mast. A standing (permanently fixed) bowsprit and a forward mast position, but with two or more headsails would be classed as a sloop in the North American definition. A running bowsprit, a forestay (carrying a staysail) that is fixed to the stemhead, a jib that is set flying and a mast position that is more aft is a cutter.
2. A type of ship's boat powered by sail or oars, though more optimized for sail than many types of ship's boat.
3. A small- or medium-sized vessel used by governmental agencies or law enforcement in the exercise of official authority, such as harbor pilots' cutters, U.S. Coast Guard cutters, and UK Border Agency cutters.
4. A type of decked sailing vessel originating in the early 18th century designed for speed. Many were used as small warships. Originally cutter referred only to a type of hull, but it came to refer to the rig, which was single-masted with both fore-and-aft and square sails. A cutter rig had very large sail areas available for use in light winds.