Marks yearbook carving out name by hand (6)
I believe the answer is:
manual
'by hand' is the definition.
(I've seen this before)
'marks yearbook carving out name' is the wordplay.
'marks' becomes 'm' (former German currency).
'yearbook' becomes 'annual' (synonyms).
'carving out' is a deletion indicator.
'name' becomes 'n' (common abbreviation e.g. on forms).
'annual' with 'n' taken away is 'anual'.
'm'+'anual'='MANUAL'
(Other definitions for manual that I've seen before include "Relating to the hands" , "Physical hard work" , "Operated by hand" , "Handy" , "Physical as opposed to mental work" .)