To perform highly accurate cutting positioning by preventing cutter chipping or wear during both cutter push cutting and reducing stress applied on a terminal side during cutting in a both cutter push cutting type terminal cutter for cutting the pin of the terminal, a terminal cutting tool and a terminal cutting method.

Two terminal cutting tools 13 and 14 include butting parts 133 and 143 for suppressing the amount of engagement between cutters 131 and 141. For these terminal cutting tools 13 and 14, since the engagement amount is limited by the butting parts 133 and 143 for cutting a terminal 20 from a carrier part 171, engagement between the cutters 131 and 141 more than necessary is prevented during the cutting of the terminal 20. Thus, cutter chipping or wear is prevented.