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X-acto blade 

A small blade that is used for crafts... or cutting yourself.
For this project, you need 1 X-acto blade.
X-acto blade by rrockerchick April 14, 2009
Related Words

Eggs n' X-ACTO Knives 

Another way of saying "Exactly" because it usually sounds like "Eggzactly" or "Eggzact" or in this case "Eggs n' X-ACTO Knives".
My god, the snozberries do taste like snozberries... Eggs n' X-ACTO Knives!

xacto-knife 

A pencil-like object with a razor at the end. It provides exact cuts for projects and what not.
Dude, I just cut out a star with my xacto-knife
xacto-knife by MyNameIsJonasTY April 22, 2006