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1 definition found
 for To shave a note
From The Collaborative International Dictionary of English v.0.48 :

  Shave \Shave\, v. t. [imp. Shaved (sh[=a]vd);p. p. Shaved or
     Shaven (sh[=a]v"'n); p. pr. & vb. n. Shaving.] [OE.
     shaven, schaven, AS. scafan, sceafan; akin to D. schaven, G.
     schaben, Icel. skafa, Sw. skafva, Dan. skave, Goth. scaban,
     Russ. kopate to dig, Gr. ska`ptein, and probably to L.
     scabere to scratch, to scrape. Cf. Scab, Shaft, Shape.]
     1. To cut or pare off from the surface of a body with a razor
        or other edged instrument; to cut off closely, as with a
        razor; as, to shave the beard.
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     2. To make bare or smooth by cutting off closely the surface,
        or surface covering, of; especially, to remove the hair
        from with a razor or other sharp instrument; to take off
        the beard or hair of; as, to shave the face or the crown
        of the head; he shaved himself.
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              I'll shave your crown for this.       --Shak.
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              The laborer with the bending scythe is seen
              Shaving the surface of the waving green. --Gay.
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     3. To cut off thin slices from; to cut in thin slices.
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              Plants bruised or shaven in leaf or root. --Bacon.
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     4. To skim along or near the surface of; to pass close to, or
        touch lightly, in passing.
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              Now shaves with level wing the deep.  --Milton.
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     5. To strip; to plunder; to fleece. [Colloq.]
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     To shave a note, to buy it at a discount greater than the
        legal rate of interest, or to deduct in discounting it
        more than the legal rate allows. [Cant, U.S.]
        [1913 Webster]

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