This is a term used in the sitcom arena. When filming a multi-cam sitcom, it will shoot in chronological order in front of a live audience. The director often works with a recordist who uses a video switcher to make an in-the-moment edited version of the live show, much like a sporting event being edited live. This edit is known as a LINE CUT. This will play on the monitors above the audience’s heads to help them see the show and understand how it will look on television. This also serves as a template for editors who begin splice together the show after the taping wraps.