Cut-out: \Cut"-out`\ (k[u^]t"out`), n.
1. An excuse for a beekeeper to come face to face with 50,000 stinging bees who are living somewhere rent free and give them an eviction notice.
A cut out is removal of a hive from a wall, roof, of structure. This can include boats, cars, and other similar items.
The bees have been there for long enough for there to be comb. Sometimes they have been there for months, sometimes years. They are messy, sometimes scary, and always interesting.
Jerrymac said all that in one very neat sentence. So I should shut up now. :)