Clipper /(klĭp"pẽr)/

Clip·per

Clipper

n.
  1. One who clips; specifically, one who clips off the edges of coins.
    The value is pared off from it into the clipper's pocket.
  2. A machine for clipping hair, esp. the hair of horses.
  3. A vessel with a sharp bow, built with a fast hull and tall sails, rigged for fast sailing, and used in trade where the cargo capacity was less important than the speed; -- called also clipper ship. (Naut.)
  4. a circuit that limits the amplitude of a waveform. (Electronics)

Phrases & Compounds
Yankee Clipper
a clipper ship built in the United States. See Clipper, 3.