Cut, beaver, a bit flustered (10)

I believe the answer is:

abbreviate

'cut' is the definition.
('abbreviate' can be a synonym of 'cut')

'beaver a bit flustered' is the wordplay.
'flustered' is an anagram indicator.
'beaver'+'a'+'bit'='beaverabit'
'beaverabit' with letters rearranged gives 'ABBREVIATE'.

(Other definitions for abbreviate that I've seen before include "Shorten (a word)" , "Shorten (text)" .)

I've seen this clue in The Telegraph.

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