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Carpenter's Axe or Carpenter's Hatchet is a small axe, usually slightly larger than a hatchet, used in traditional woodwork, joinery and log-building. It has a pronounced beard and finger notch to allow a "choked" grip for precise control. The poll is generally designed for use as a hammer. Newer carpenter's hatchets will often have a groove for pulling nails as well.
References
Carpenter's axe Wikipedia(Text) CC BY-SA