Most of the time it means that the sheet (or blades) are in the wrong position when the cards are cut, but I've heard the term used for errors caused by using the wrong type of blades as well (like the Alpha-cut 4th Edition cards, or square cornered cards)
Lorcana is being created by Ravensburger, who have so far shown off the product at various conventions including D23 and Gen Con
Your task is to pick the best possible cards to form a deck with
Iono's Wattrel (Japanese Battle Partners, #232) -- 64,154 total graded Iono has become one of the most popular trainer characters in the modern era of the Pokemon TCG, and her Wattrel card from the Japanese Battle Partners set is a perfect example of how character-driven demand fuels grading volume
Villainous Wealth Whatever you didnt cast (lands!) you can return to the graveyard
Finally, there are 16 borderless rare legendary creatures, with at least one two-color legendary creature for each racing team