Crossword Genius

Sword nicked by young woman (7)

Ross

I believe the answer is:

cutlass

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'sword' is the definition.
(I've seen this before)

'nicked by young woman' is the wordplay.
'nicked by' becomes 'cut' (I can't explain this - if you can you should believe this answer much more).
'young woman' becomes 'lass' (lass is a kind of young woman).
'cut'+'lass'='CUTLASS'

Can you help me to learn more?

(Other definitions for cutlass that I've seen before include "Type of sword" , "Curved sailors' sword" , "could hurt one, in the main" , "Steel" , "Pirate's weapon" .)

I've seen this clue in The Telegraph.
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