What are the cutting tools used for lathe machines called?
this depends on what you are using a wood lathe will use sculpting ‘chisels’ On metal cutting lathes we use high speed steel or carbide tipped tools. a ‘slitting’ tool is just that, a tool normally ground very thin to cut off or part a piece of work by ‘slitting’ through until it has parted from the main body, also called a parting off tool. they tool ‘bit’s’ have different names depending on usage. for example we have a facing tool , this is simply a tool ground to perform a cutting motion across the face of a piece of work., and so on. have a look at some metal working sites you may find more precise information.