The Collaborative International Dictionary of English v.0.48:

Jib \Jib\ (j[i^]b), n. [Named from its shifting from side to
   side. See Jib, v. i.., Jibe.]
   [1913 Webster]
   1. (Naut.) A triangular sail set upon a stay or halyard
      extending from the foremast or fore-topmast to the
      bowsprit or the jib boom. Large vessels often carry
      several jibs; as, inner jib; outer jib; flying jib; etc.
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   2. (Mach.) The projecting arm of a crane, from which the load
      is suspended.
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   3. One that jibs, or balks; a jibber.
      [Webster 1913 Suppl.]

   4. A stationary condition; a standstill.
      [Webster 1913 Suppl.]

   Jib boom (Naut.), a spar or boom which serves as an
      extension of the bowsprit. It is sometimes extended by
      another spar called the flying jib boom. [Written also
      gib boom.]

   Jib crane (Mach.), a crane having a horizontal jib on which
      a trolley moves, bearing the load.

   Jib door (Arch.), a door made flush with the wall, without
      dressings or moldings; a disguised door.

   Jib header (Naut.), a gaff-topsail, shaped like a jib; a
      jib-headed topsail.

   Jib topsail (Naut.), a small jib set above and outside of
      all the other jibs.

   The cut of one's jib, one's outward appearance. [Colloq.]
      --Sir W. Scott.
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The Collaborative International Dictionary of English v.0.48:

Cut \Cut\, n.
   1. An opening made with an edged instrument; a cleft; a gash;
      a slash; a wound made by cutting; as, a sword cut.
      [1913 Webster]

   2. A stroke or blow or cutting motion with an edged
      instrument; a stroke or blow with a whip.
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   3. That which wounds the feelings, as a harsh remark or
      criticism, or a sarcasm; personal discourtesy, as
      neglecting to recognize an acquaintance when meeting him;
      a slight.
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            Rip called him by name, but the cur snarled, snapped
            his teeth, and passed on. This was an unkind cut
            indeed.                               --W. Irving.
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   4. A notch, passage, or channel made by cutting or digging; a
      furrow; a groove; as, a cut for a railroad.
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            This great cut or ditch Secostris . . . purposed to
            have made a great deal wider and deeper. --Knolles.
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   5. The surface left by a cut; as, a smooth or clear cut.
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   6. A portion severed or cut off; a division; as, a cut of
      beef; a cut of timber.
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            It should be understood, moreover, . . . that the
            group are not arbitrary cuts, but natural groups or
            types.                                --Dana.
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   7. An engraved block or plate; the impression from such an
      engraving; as, a book illustrated with fine cuts.
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   8.
      (a) The act of dividing a pack cards.
      (b) The right to divide; as, whose cut is it?
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   9. Manner in which a thing is cut or formed; shape; style;
      fashion; as, the cut of a garment.
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            With eyes severe and beard of formal cut. --Shak.
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   10. A common work horse; a gelding. [Obs.]
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             He'll buy me a cut, forth for to ride. --Beau. &
                                                  Fl.
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   11. The failure of a college officer or student to be present
       at any appointed exercise. [College Cant]
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   12. A skein of yarn. --Wright.
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   13. (Lawn Tennis, etc.) A slanting stroke causing the ball to
       spin and bound irregularly; also, the spin so given to
       the ball.
       [Webster 1913 Suppl.]

   14. (Cricket) A stroke on the off side between point and the
       wicket; also, one who plays this stroke.
       [Webster 1913 Suppl.]

   A cut in rates (Railroad), a reduction in fare, freight
      charges, etc., below the established rates.

   A short cut, a cross route which shortens the way and cuts
      off a circuitous passage.

   The cut of one's jib, the general appearance of a person.
      [Colloq.]

   To draw cuts, to draw lots, as of paper, etc., cut unequal
      lengths.
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            Now draweth cut . . .
            The which that hath the shortest shall begin.
                                                  --Chaucer.
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