Cutouts meaning : A hole or space produced when something is removed by cutting. A piece cut out of something. A trusted middleman or intermediary, especially in espionage. Clip art. Any of several devices that halts the flow of a current, especially an electric current; a trip-switch or trip. A switch that changes the current from one circuit to another, or for shortening a circuit. A railway cutting. The separation of a group of cattle from a herd; the place where they are collected.