chisel -- (an edge tool with a flat steel blade with a cutting edge)
Overview of verb chisel
The verb chisel has 3 senses
cheat, chisel -- (engage in deceitful behavior; practice trickery or fraud; "Who's chiseling on the side?")
cheat, rip off, chisel -- (deprive somebody of something by deceit; "The con-man beat me out of $50"; "This salesman ripped us off!"; "we were cheated by their clever-sounding scheme"; "They chiseled me out of my money")
chisel -- (carve with a chisel; "chisel the marble")