What is the meaning of Whittle?

A knife; especially, a clasp knife, pocket knife, or sheath knife.

To cut or shape wood with a knife.

To reduce or gradually eliminate something (such as a debt).

To make eager or excited; to excite with liquor; to inebriate.

A coarse greyish double blanket worn by countrywomen, in the west of England, over the shoulders, like a cloak or shawl.

A whittle shawl; a kind of fine woollen shawl, originally and especially a white one.

Source: wiktionary.org