Meaning

noun an edge tool with a flat steel blade with a cutting edge

verb engage in deceitful behavior; practice trickery or fraud

verb deprive somebody of something by deceit

originFrom Middle English chisel, chesel, from Old Northern French chisel, cisel, from cisoir (with a change in suffix), from Late Latin cīsōrium (“cutting tool”), from Latin caedō (“cut”). Doublet of scissors.

Etymology from Wiktionary, CC BY-SA 3.0