final cut

from Wiktionary, Creative Commons Attribution/Share-Alike License.

• noun idiomatic In the movie industry, the final released version of the film.
• noun idiomatic, by extension A group, after a selection process getting rid of other candidates.

from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.

• noun the final edited version of a movie as approved by the director and producer