Etymology
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lathe (n.)

"machine for turning wood, etc., so it can be worked by a tool held at rest," early 14c., of uncertain origin, probably from a Scandinavian source. OED compares Danish drejelad "turning-lathe;" other compounds with the element suggest a sense "framework, supporting structure." Others see a possible connection to Old Norse hloeða "to lade, load, saddle (a horse)."

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Definitions of lathe

lathe (n.)
machine tool for shaping metal or wood; the workpiece turns about a horizontal axis against a fixed tool;
From wordnet.princeton.edu