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2.
Skydiving term used when main parachute is not functional and disconnected so the reserve parachute can open in clear air.

Ones first cut away is usually followed by a case
"Dammit, I just had my first cutaway, now I have to case because I saved my life"
by spetzreborn November 13, 2011
 
1.
1. cutting your main canopy away and releasing your reserve canopy when skydiving

2. quitting your job, ditching your home or apartment, and moving to join a small, specific group of people in order to live and/or work in the sport of skydiving
1. I had spinning line twists and could not kick out of them so I cut away my main.

2. I cut away from my life to live on the drop zone.
by ashproh December 06, 2011