From Longman Dictionary of Contemporary Englishslice something ↔ off phrasal verb1 CUTto remove part of something by cutting it with one movement of a sharp knife or edge SYN cut off His knife had slipped and sliced off the top of his finger.2 to reduce a cost or total by a particular amount quickly and easilyslice something off something By using volunteers, we were able to slice £10,000 off the cost of the project. → slice→ See Verb table