Nut cutting time

Posted by Henry on February 27, 2004

In Reply to: Nut cutting time posted by Bill Davis on February 26, 2004

:
: What is the origin of the phrase "nut-cutting time?" I have seen "cut to the nut" as well.

The Bonfire of the Vanities by Tom Wolfe Chapter 3
"I tell you, I'm in the box!"
"--bid 801/2--"
"--buy'em at 6-plus--"
"--pick up 21/2 basis points--"
"Forget it! It's nut-cutting time!"
It seems to mean the harvest time when you reap your rewards.
But let's cut to the nut of the matter;
This seems to be a different usage. The nut is the heart of the matter cf the kernel of truth.

• Nut cutting time Bill Davis 27/February/04