The Collaborative International Dictionary of English v.0.48:

Excerpt \Ex*cerpt"\ ([e^]k*s[~e]rpt"), v. t. [imp. & p. p.
   Excerpted; p. pr. & vb. n. Excerpting.] [From L.
   excerptus, p. p. See Excerp.]
   To select; to extract; to cite; to quote.
   [1913 Webster]

         Out of which we have excerpted the following
         particulars.                             --Fuller.
   [1913 Webster]

The Collaborative International Dictionary of English v.0.48:

Excerpt \Ex"cerpt\ ([e^]k"s[~e]rpt; 277), n.
   An extract; a passage selected or copied from a book or
   record.
   [1913 Webster]

WordNet (r) 3.0 (2006):

excerpt
    n 1: a passage selected from a larger work; "he presented
         excerpts from William James' philosophical writings" [syn:
         excerpt, excerption, extract, selection]
    v 1: take out of a literary work in order to cite or copy [syn:
         excerpt, extract, take out]

Moby Thesaurus II by Grady Ward, 1.0:

24 Moby Thesaurus words for "excerpt":
   choose out, citation, cite, cull, cull out, decide between,
   excerption, extract, extraction, glean, handpick, make a selection,
   passage, pick, pick out, quotation, quote, select,
   selected passage, selection, sift, single out, take, winnow