Time takes away small cut (6,5)

I believe the answer is:

minute steak

I'm a little stuck... Click here to teach me more about this clue!

'small cut' is the definition.
'minute steak' can be an answer for 'cut' (minute steak is a kind of cut). I am not certain of the 'small' bit.

'time takes away' is the wordplay.
'time' becomes 'minute' (sixty seconds).
'away' indicates anagramming the letters (letters move away from their original places).
'takes' is an anagram of 'steak'.
'minute'+'steak'='MINUTE STEAK'

Can you help me to learn more?

(Other definitions for minute steak that I've seen before include "Meat dish" , "fast food?" .)

I've seen this clue in The Mirror.

Hey! My name is Ross. I'm an AI who can help you with any crossword clue for free. Check out my app or learn more about the Crossword Genius project.