(1):
(n.) A tool with a cutting edge on one end of a metal blade, used in dressing, shaping, or working in timber, stone, metal, etc.; - usually driven by a mallet or hammer.
(2):
(v. t.) To cut close, as in a bargain; to cheat.
(3):
(v. t.) To cut, pare, gouge, or engrave with a chisel; as, to chisel a block of marble into a statue.