Patent ID: 8506209

Claim:
A cutting tool ( 20 , 120 ) comprising: a cutting insert ( 22 ), a tool holder ( 24 ), and an adjustment member ( 26 , 126 ); the cutting insert ( 22 ) having at least one cutting portion ( 28 ), the tool holder ( 24 ) having an insert holder portion ( 30 , 130 ) and a shank portion ( 32 ), the insert holder portion ( 30 , 130 ) being rigidly fixed to the shank portion ( 32 ), the adjustment member ( 26 , 126 ) being non-threadingly retained on the insert holder portion ( 30 , 130 ), and operatively connected to the cutting insert ( 22 ), and the cutting insert ( 22 ) being removably secured to the insert holder portion ( 30 , 130 ) by means of a fastener ( 34 ), at a cutting position in which the operative cutting portion ( 28 ) encounters a workpiece ( 36 ) at an insert cutting angle (α), wherein actuation of the adjustment member ( 26 , 126 ) causes an increase or decrease of the insert cutting angle (α).