This word is acceptable for play in the US & UK dictionaries that are being used in the following games:

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• Wordscraper
• Wordosaur

v. Present participle of axe.

"It won't make him popular, but George Osborne has taken the right decision in axing child benefit for higher rate taxpayers."

axeman   

axed    axes    axing   

hack    chop    terminate    end   

ax    axman   

sack    pink slip    boot    chop    downsize    lay off    fire   

Acts    Jacks    Macs    Max    Sachs    Saxe    acts    antitax    attacks    ax   

ax    knife    hammer    hatchet    spear    dagger    shovel    whip    chisel    axis