
der Schnitt
cut
An injury or opening in a material caused by cutting.
Er hat sich beim Kochen einen tiefen Schnitt in den Finger zugefügt.
He gave himself a deep cut on his finger while cooking.
cut
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cut
An injury or opening in a material caused by cutting.
Er hat sich beim Kochen einen tiefen Schnitt in den Finger zugefügt.
He gave himself a deep cut on his finger while cooking.

cut
The way something is cut, especially clothing (fit) or hair (hairstyle).
Der moderne Schnitt dieser Hose gefällt mir sehr gut.
I really like the modern cut of these pants.

on average
On average; calculated as a mean value.
Im Schnitt besuchen uns pro Tag etwa 200 Kunden.
On average, about 200 customers visit us per day.

editing
The editing and processing of film or video material into a finished work.
Der Schnitt des Films ist sehr schnell und dynamisch.
The editing of the film is very fast and dynamic.

section / cross-section
A representation of the inside of an object as if it had been cut through; a cross-section.
Der Schnitt durch den Baumstamm zeigt deutlich die Jahresringe.
The cross-section through the tree trunk clearly shows the annual rings.
'Der Schnitt' (the cut) is the noun form of the verb 'schneiden' (to cut). Almost all meanings of the noun can be traced back to the action of cutting.
Das Messer macht einen sauberen Schnitt.
The knife makes a clean cut.
The expression 'im Schnitt' (on average) means 'durchschnittlich' (average/on average) and is a fixed phrase. It usually appears at the beginning or in the middle of a sentence.
Im Schnitt fahre ich jeden Tag 30 Minuten zur Arbeit.
On average, I commute 30 minutes to work every day.
The context makes the meaning clear. Words like 'Finger' (finger) or 'Wunde' (wound) point to an injury, 'Hose' (pants) or 'Haare' (hair) to style, 'Film' to video editing, and 'durch' (through) often to a cross-section.
Der Schnitt durch den Apfel zeigte, dass er innen faul war.
The cross-section through the apple showed that it was rotten inside.
To specify the meaning of 'style', 'Schnitt' (cut) is often used in compound words. The most common are 'der Haarschnitt' (haircut) and 'der Kleiderschnitt' (clothing cut/pattern).
Dein neuer Haarschnitt steht dir ausgezeichnet.
Your new haircut suits you extremely well.
When referring to an injury, 'Schnitt' (cut) is often used with verbs like 'sich zufügen' (to inflict on oneself) or 'behandeln' (to treat). Typical adjectives are 'tief' (deep), 'klein' (small), or 'oberflächlich' (superficial).
Der Arzt musste den tiefen Schnitt nähen.
The doctor had to stitch the deep cut.
The meanings 'film editing' and 'cross-section' often belong to a technical context. You find them in the film industry, in architecture, or in the natural sciences.
Für den Schnitt des Werbespots wurde eine Agentur beauftragt.
An agency was hired for the editing of the commercial.
average / cross-section
Im Schnitt and im Durchschnitt can both express a mean value or a typical result. Im Schnitt is a shorter, more colloquial expression and is particularly suitable in familiar contexts; im Durchschnitt is more neutral and general. In formal or explanatory texts, Durchschnitt is usually the more appropriate choice.

Unsere Klasse hat im Schnitt eine gute Note in der Prüfung erreicht.
On average, our class received a good grade on the exam.
Unsere Klasse hat im Durchschnitt eine gute Note in der Prüfung erreicht.
On average, our class received a good grade on the exam.