"engraving on wood, or a print made from one," 1660s, from wood (n.) + cut (n.).
Entries linking to woodcut
wood n.
Old English wudu, earlier widu "tree, trees collectively, forest, grove; the substance of which trees are made," from Proto-Germanic *widu- (source also of Old Norse viðr, Danish and Swedish ved "tree, wood," Old High German witu "wood"), from PIE *widhu- "tree, wood" (source also of Welsh gwydd "trees," Gaelic fiodh- "wood, timber," Old Irish fid "tree, wood"). Out of the woods "safe" is from 1792.
cut n.
mid-15c., "a certain length" of something; 1520s, "gash, incision, opening made by an edged instrument," from cut (v.).
Meaning "piece cut off" (especially of meat) is from 1590s. Figurative sense of "a wounding sarcasm" is from 1560s. Meaning "an excision or omission of a part" is from c. 1600. Sense of "a reduction" is by 1881. Meaning "manner in which a thing is cut" is from 1570s, hence "fashion, style, make" (1580s).
Dialectal or local sense of "a creek or inlet" is from 1620s. Meaning "channel or trench made by cutting or digging" is from 1730. Meaning "block or stamp on which a picture is engraved" is from 1640s. Sense of "act of cutting a deck of cards" is from 1590s. Cinematic sense of "a quick transition from one shot to the next" is by 1933. Meaning "share" (of profit, loot, etc.) is by 1918.
Meaning "phonograph recording" is by 1949; the verb in the sense "make a recording" is by 1937, from the literal sense in reference to the mechanical process of making sound recordings.
Instead of a cutting tool actually operated by the sound vibrations from the voices or instruments of performing artists, the panatrope records are cut by a tool that is operated electrically. ["The New Electric Phonograph," in Popular Science, February 1926].
A cut above "a degree better than" is from 1818. Cold-cuts "cooked meats sliced and served cold" (1945) translates German kalter Aufschnitt.