Take a small cut (4)
I believe the answer is:
nick
I believe this is a double definition.
'take' is the first definition.
(I've seen this before)
'a small cut' is the second definition.
(I've seen this before)
(Other definitions for nick that I've seen before include "Prison - steal" , "Clink" , "Notch; steal" , "porridge" , "Lift" .)