* To ask someone out: This is the most common meaning of "axe" in slang. It's a shortened version of "ask." For example, "I'm going to axe her out to the movies."
* To kill or murder: This is a more violent and less common usage. For example, "He got axed by the mob."
* To cut or remove: This meaning is also less common but can be used to describe something being cut or removed, like "Axe the budget" meaning to reduce or eliminate it.
It's important to note that the context of the sentence will usually make the meaning clear.