IPA: /ˈdrɔːnaɪf/
KK: /drɔːnaɪf/
A tool used by woodworkers that has a blade with a handle on each end, designed to shave or smooth surfaces by pulling it towards oneself.
The carpenter used a drawknife to shape the wooden beam.
Drawknife → The word is formed from "draw" (from Old English "dragan", meaning to pull or drag) and "knife" (from Old English "cniif", meaning a cutting instrument). A drawknife is a tool that is pulled towards the user to shave or cut wood.
Think of 'pulling' ('draw') a 'cutting tool' ('knife') towards you — that's how a drawknife is used.
No commonly confused words.