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There are 2 results of your search for cutter1.
cutter1
gemstone rough good enough to be faceted (cut) especially on the sapphire fields: I did pretty well today. I found three cutters.
cutter2
A character or comedian - colourful character: You're a bit of a cutter.
Contributor's comments: Very common usage around Goondiwindi over many decades - shortening of the phrase (also still in use) 'piss cutter' which carries the meaning of a male who is skillful at something, or a bit of a lad - doing his daily activities with a bit of the mug lair about him.