What is the meaning of Cutaway?

A men's coat with the front cut back away from the waist, as worn on formal occasions.

A diagram or model having outer layers removed so as to show the interior.

A brief shot that temporarily takes the viewer away from the principal action, especially to show a reaction, illustration etc.; an instance of moving to such a shot.

An indentation in the upper bout of a guitar's body adjacent to the neck, allowing easier access to the upper frets.

A guitar having a cutaway.

Short for cutaway bog

Having selected portions of the outside removed so as to give an impression of the interior.

Source: wiktionary.org