Etymology
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cut-out (n.)

also cutout, 1851, in reference to a kind of switch on a circuit to cut out an instrument, from the verbal phrase, from cut (v.) + out (adv.). The verbal phrase is attested from c. 1400 as "cut so as to take out;" from 1550s as "fashion or shape by cutting;" from 1736 as "remove, excise, omit." From 1640s as "be naturally formed or fashioned" (for some specified purpose).

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out-and-out 

c. 1300 as an adverbial phrase, "completely, thoroughly, to the utmost degree," from out (adv.). Adjective usage is attested by 1813.

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out- 

in Old English a common prefix with nouns, adjectives, adverbs, and verbs, "out, outward, outer; forth, away," from out (adv.). The use was even more common in Middle English, and also with the senses "outer, outside, on the outside, from without, external, externally; apart; greatly, extremely; completely, thoroughly, to completion." Other senses of out that extended into the use as a prefix include "beyond the surface or limits; to the utmost degree; to an explicit resolution."

In composition out has either its ordinary adverbial sense, as in outcast, outcome, outlook, etc., or a prepositional force, as in outdoors, or forms transitive verbs denoting a going beyond or surpassing of the object of the verb, in doing the act expressed by the word to which it is prefixed, as in outrun, outshine, outvenom, etc. In the last use especially out may be used with almost any noun or verb. [Century Dictionary]
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out (n.)

late 15c., "egress," from out (adj). From 1620s, "a being out" (of something), from out (adv.). From 1764 in politics as "the party which is out of office." From 1860 in the baseball sense "act of getting an opposing player out of active play." From 1919 as "means of escape; alibi."

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cut (v.)

c. 1300, "to make, with an edged tool or instrument, an incision in; make incisions for the purpose of dividing into two or more parts; remove by means of a cutting instrument;" of an implement, "have a cutting edge," according to Middle English Compendium from a presumed Old English *cyttan, "since ME has the normal regional variants of the vowel." Others suggest a possible Scandinavian etymology from North Germanic *kut- (source also of Swedish dialectal kuta "to cut," kuta "knife," Old Norse kuti "knife"), or that it is from Old French couteau "knife."

It has largely displaced Old English ceorfan (see carve (v.)), snian, and scieran (see shear). The past participle is also cut, though cutted sometimes has been used since Middle English.

From early 14c. as "to make or fashion by cutting or carving." From c. 1400 as "to intersect or cross." From early 15c. as "abridge or shorten by omitting a part."

Meaning "to wound the sensibilities of" is from 1580s (to cut the heart in the same sense is attested from early 14c.). Sense of "sever connection or relations with" is from 1630s.

Meaning "to be absent without excuse" is British university slang from 1794. Colloquial or slang sense of "move off with directness and rapidity" is from 1580s. Meaning "divide (a deck of cards) at random into parts before the deal" to prevent cheating is from 1530s.

Meaning "to dilute, adulterate" (liquor, etc.) is by 1930. Colloquial sense of "to divide or share" is by 1928, perhaps an image from meat-carving at table. As a director's call to halt recording or performing, by 1931 (in an article about Pete, the bulldog with the black-ringed eye in the Hal Roach studios shorts, who was said to know the word). The sense of "perform, execute" (c. 1600) is in cut capers "frisk about;" cut a dash "make a display."

To cut down is from late 14c. as "to fell;" by 1821 as "to slay" (as with a sword); 1857 as "to curtail." To cut (someone or something) down to size is from 1821 as "reduce to suitable dimensions;" the figurative sense, "reduce to the proper level of importance," is by 1927.

To cut in "enter suddenly and unceremoniously" is from 1610s; sense of "suddenly join in conversation, interrupt" is by 1830. To cut up "cut in pieces" is from 1570s. To cut back is from 1871 as "prune by cutting off shoots," 1913 in cinematography, "return to a previous scene by repeating a part of it," 1943 as "reduce, decrease" (of expenditures, etc.). To cut (something) short "abridge, curtail, interrupt" is from 1540s.

In nautical use to cut a feather (1620s) is to move so fast as to make water foam under the bow. To cut and run (1704) also is originally nautical, "cut cable and set sail immediately," as in an emergency, hence, generally, "to make off suddenly."

To cut the teeth "have the teeth grow through the gums" as an infant is from 1670s. To cut both ways in the figurative sense of "have a good and bad effect" is from c. 1600. To cut loose "set (something) free" is by 1828; intransitive sense "begin to act freely" is by 1909.

Cut it out "remove (something) by or as if by cutting" yielded a figurative use in the command cut it out! "Stop! That's enough!" by 1933. The evolution seems to have begun earlier. A piece attributed to the Chicago Live Stock World that made the rounds in trade publications 1901-02 begins:

When you get 'hot' about something and vow you are going to rip something or somebody up the back—cut it out.
If you feel disposed to try the plan of building yourself up by tearing some one else down—cut it out.

Playing on both senses, it ends with "Should you, after reading this preachy stuff, fear you might forget some of the good advice—cut it out."

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cut (n.)

mid-15c., "a certain length" of something; 1520s, "gash, incision, opening made by an edged instrument," from cut (v.).

Meaning "piece cut off" (especially of meat) is from 1590s. Figurative sense of "a wounding sarcasm" is from 1560s. Meaning "an excision or omission of a part" is from c. 1600. Sense of "a reduction" is by 1881. Meaning "manner in which a thing is cut" is from 1570s, hence "fashion, style, make" (1580s).

Dialectal or local sense of "a creek or inlet" is from 1620s. Meaning "channel or trench made by cutting or digging" is from 1730. Meaning "block or stamp on which a picture is engraved" is from 1640s. Sense of "act of cutting a deck of cards" is from 1590s. Cinematic sense of "a quick transition from one shot to the next" is by 1933. Meaning "share" (of profit, loot, etc.) is by 1918.

Meaning "phonograph recording" is by 1949; the verb in the sense "make a recording" is by 1937, from the literal sense in reference to the mechanical process of making sound recordings.

Instead of a cutting tool actually operated by the sound vibrations from the voices or instruments of performing artists, the panatrope records are cut by a tool that is operated electrically. ["The New Electric Phonograph," in Popular Science, February 1926]. 

A cut above "a degree better than" is from 1818. Cold-cuts "cooked meats sliced and served cold" (1945) translates German kalter Aufschnitt.

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cut (adj.)

"formed or fashioned as if by cutting or carving," 1510s, past-participle adjective from cut (v.). Meaning "hewn, chiseled" (of stone, etc.) is from 1670s. Meaning "gashed with a sharp instrument" is from 1660s.

Cut and dried is by 1770 in the figurative sense "routine, boring," a reference to herbs in shops as opposed to growing in the wild.

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out (v.)

Old English utian "expel, put out," from the source of out (adv.). It has been used in many specific senses over the years; the meaning "disclose to public view, reveal, make known" is by mid-14c.

Eufrosyne preyde Þat god schulde not outen hire to nowiht. ["Legendary of St. Euphrosyne," c. 1350]

Meaning "to expose as a closet homosexual" is first by 1990 (as an adjective meaning "openly avowing one's homosexuality" it dates from 1970s; see closet). To come out "declare oneself publicly as homosexual" is from 1968 and probably short for come out of the closet. Related: Outed; outing. Compare outen.

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out (adj.)

late Old English, "outer," from out (adv.). From mid-13c. as "that is or lies on the outside, exterior." Of a light or candle, "extinguished, no longer burning," c. 1300.  Sense of "no longer secret" is by 1713. Sense in baseball (1860) was earlier in cricket (1746). Meaning "unconscious" is attested from 1898, originally in boxing from the notion of "defeated ('out') by failing to rise within a 10-count." To be out on one's feet is from 1952. From 1966 as "unfashionable, not stylish, popular, or modern."

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out (adv.)

expressing motion or direction from within or from a central point, also removal from proper place or position, Old English ut "out, without, outside," from Proto-Germanic *ūt- (Old Norse, Old Frisian, Old Saxon, Gothic ut, Middle Dutch uut, Dutch uit, Old High German uz, German aus), from PIE root *uidh- "up, out, up away, on high" (source also of Sanskrit ut "up, out," uttarah "higher, upper, later, northern;" Avestan uz- "up, out," Old Irish ud- "out," Latin usque "all the way to, continuously, without interruption," Greek hysteros "the latter," Russian vy- "out").

Sense of "to a full end, completely, to a conclusion or finish" is from c. 1300. Meaning "so as to be no longer burning or alight; into darkness" is from c. 1400. Of position or situation, "beyond the bounds of, not within," early 15c. Meaning "into public notice" is from 1540s; that of "away from one's place of residence," c. 1600. The political sense of "not in office, removed or ejected from a position" is from c. 1600. Meaning "come into sight, become visible" (of stars, etc.) is by 1610s. In radio communication, a word indicating that the speaker has finished speaking, by 1950.

As a preposition, "out of; from, away from; outside of, beyond; except; without, lacking;" mid-13c., from the adverb.

Meaning "from harmonious relations, into quarreling" (as in to fall out) is from 1520s. Meaning "from one's normal state of mind" (as in put out) is from 1580s; out to lunch "insane" is student slang from 1955. Adjectival phrase out-of-the-way "remote, secluded" is attested from late 15c. Out-of-towner "one not from a certain place" is from 1911. Out of this world "excellent" is from 1938; out of sight "excellent, superior" is from 1891. To (verb) it out "bring to a finish" is from 1580s. Expression from here on out "henceforward" is by 1942. Out upon, expressing abhorrence or reproach, is from early 15c.

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