Shave meaning : To make bald or shorter by using a tool such as a razor or pair of electric clippers to cut the hair close to the skin. To cut anything in this fashion. To remove hair from one's face by this means. To cut finely, as with slices of meat. To skim along or near the surface of; to pass close to, or touch lightly, in passing. To reduce in size or weight. To be hard and severe in a bargain with; to practice extortion on; to cheat. To buy (a note) at a discount greater than the legal rate of interest, or to deduct in discounting it more than the legal rate allows.