c. 1400, "penetrating or dividing by an edge," present-participle adjective from cut (v.). As "wounding or deeply affecting the feelings," 1580s. Related: Cuttingly.
Cutting-edge is by 1825 in the literal sense "cutting surface of a blade or tool" (often at first with reference to plows); figurative sense "highest or most advanced state of development" is from 1964.
mid-14c., "piece cut off;" late 14c., "act or fact of making incisions, action of cutting," verbal noun from cut (v.). Meaning "shoot or small bough bearing leaf-buds" is from 1660s. Meaning "slip cut from a newspaper or other print publication" is by 1856. Related: Cuttings. Cutting-board is by 1819.