Chisel \Chis"el\, n. [OF. chisel, F. ciseau, fr. LL. cisellus, prob. for caesellus, fr. L. caesus, p. p. of caedere to cut. Cf. Scissors.]

A tool with a cutting edge on one end of a metal blade, used in dressing, shaping, or working in timber, stone, metal, etc.; -- usually driven by a mallet or hammer.

Cold chisel. See under Cold, a.

Source: Webster's Revised Unabridged Dictionary (1913)
 

Chisel \Chis"el\, v. t. [imp. & p. p. Chiseled, or Chiselled (?); p. pr. & vb. n. Chiseling, or Chiselling.]

[Cf. F. ciseler.]

1. To cut, pare, gouge, or engrave with a chisel; as, to chisel a block of marble into a statue.

2. To cut close, as in a bargain; to cheat. [Slang]

Source: Webster's Revised Unabridged Dictionary (1913)