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The Collaborative International Dictionary of English v.0.48 (gcide)

Dido \Di"do\, n.; pl. {Didos}.
A shrewd trick; an antic; a caper.
[1913 Webster]

{To cut a dido}, to play a trick; to cut a caper; -- perhaps
so called from the trick of Dido, who having bought so
much land as a hide would cover, is said to have cut it
into thin strips long enough to inclose a spot for a
citadel.
[1913 Webster]