cut (thing)

1. What the director says to end the filming of a shot.
2. The cutting apart of 2 shots at the frameline, or the point where the shots have been cut apart.
3. In the different stages, or at the completion of editing the edited film itself can be referred to as “the cut” or “the edit.”

Glossary of Film Terms - http://homepage.newschool.edu/~schlemoj/film_courses/glossary_of_film_terms/
reprinted with permission