Clipper

Noun

 * 1) Anything that clips.
 * 2)  A tool used for clipping something.
 * 3) Something that moves swiftly; especially:
 * 4)  Any of several forms of very fast sailing ships having a long, low hull and a sharply raked stem.
 * 5)  An Alberta clipper.
 * 6)  A circuit which prevents the amplitude of a wave from exceeding a set value.

Derived terms

 * (Dutch; nautical) klipper, klipperaak