
A machine tool is a machine that cuts, shapes, or forms material.
A machine tool has three basic elements:

A lathe is one of the oldest types of machine tools. It is most commonly used to make circular cuts in wood or metal. A lathe holds the material to be cut on a rotating spindle, and the spindle is driven by a motor or crank.
Machine tools are commonly used to cut and form parts out of metal, but can be designed to work with most materials.
Machine tools that are controlled by a computer are called CNC machines.