cut out vs cut down

cut out is an adjective but cut down is not an adjective.

Word	Noun	Adjective	Verb	Adverb
cut out	No	Yes	Yes	No
cut down	No	No	Yes	No

As verbs, cut out and cut down are synonyms defined as:

cut out (adjective)	cut down (adjective)
having been cut out

cut out (verb)	cut down (verb)
delete or remove	cut down on; make a reduction in
cease operating	intercept (a player)
intercept (a player)	cause to come or go down
strike or cancel by or as if by rubbing or crossing out	cut with a blade or mower
form and create by cutting out	cause to fall by or as if by delivering a blow
cut off and stop	cut with sweeping strokes; as with an ax or machete