• obs. p. p. of Shave. • To cut or pare off from the surface of a body with a razor or other edged instrument; to cut off closely, as with a razor; as, to shave the beard. • To make bare or smooth by cutting off closely the surface, or surface covering, of; especially, to remove the hair from with a razor or other sharp instrument; to take off the beard or hair of; as, to shave the face or the crown of the head; he shaved himself. • To cut off thin slices from; to cut in thin slices. • To skim along or near the surface of; to pass close to, or touch lightly, in passing. • To strip; to plunder; to fleece. • To use a razor for removing the beard; to cut closely; hence, to be hard and severe in a bargain; to practice extortion; to cheat. • A thin slice; a shaving. • A cutting of the beard; the operation of shaving. • An exorbitant discount on a note. • A premium paid for an extension of the time of delivery or payment, or for the right to vary a stock contract in any particular. • A hand tool consisting of a sharp blade with a handle at each end; a drawing knife; a spokeshave. • The act of passing very near to, so as almost to graze; as, the bullet missed by a close shave.