Axe is a tool used for chopping wood, typically consisting of a metal blade attached to a wooden handle.
In slang, axe can mean:
1. To dismiss someone from employment (He got axed yesterday)
2. To cancel or discontinue something (The TV show was axed)
3. A musical instrument, especially a guitar (Rock that axe!)
4. To ask or inquire (Lemme axe you a question)