Lathe n. : Formerly, a part or division of a county among the Anglo-Saxons. At present it consists of four or five hundreds, and is confined to the county of Kent.

Lathe n. : A granary; a barn.

Lathe n. : A machine for turning, that is, for shaping articles of wood, metal, or other material, by causing them to revolve while acted upon by a cutting tool.

Lathe n. : The movable swing frame of a loom, carrying the reed for separating the warp threads and beating up the weft; -- called also lay and batten.

Example:
When setting up a metal turning Lathe, why is it so important that the Lathe bed is set accurately horizontal?

Taxonomy
lathes, workpiece, spindle, headstock, collet, headstock spindle, tools, metal spinning, leadscrew, wood, metalworking lathe, Metalworking lathes, toolpost, tailstock, spinning lathes, CNC lathes, m/m, chuck.

Defination from the web:
lathe (pronounced /ˈleɪð/) is a machine tool which spins a block of material to perform various operations such as cutting, sanding, knurling, ... Examples of objects that can be produced on a lathe include candlestick holders, cue sticks, table legs, bowls, baseball bats, musical ...