Clipper

n.
  1. One who clips; specifically, one who clips off the edges of coins.
  2. A machine for clipping hair, esp. the hair of horses.
  3. (Naut.) A vessel with a sharp bow, built with a fast hull and tall sails, rigged for fast sailing, and used in trade where the cargo capacity was less important than the speed; -- called also clipper ship.
  4. (Electronics) a circuit that limits the amplitude of a waveform.
    5. Yankee Clipper
    1. a clipper ship built in the United States. See clipper{3}.
    2. Joe DiMaggio; -- a nickname for the player who was a prominent member of the New York Yankees baseball team in the 1940's.

The name was first borne by “Baltimore clippers” famous as privateers in the early wars of the United States.