Edited incisively (3)

I believe the answer is:

cut

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'edited' is the definition.
Both the definition and answer are adjectives. Maybe there's a link between them I don't understand?

I don't understand the remainder of the clue.

Can you help me to learn more?

(Other definitions for cut that I've seen before include "Gash" , "Prune" , "Slight" , "Remove; slice" , "Reduction; piece of meat" .)

I've seen this clue in the Evening Standard.

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