Abstract: The proposed technology relates to an indexable cutting insert (10) for a cutting tool. The cutting insert (10) comprises: a first side surface (12) and an opposing second side surface (14), and a peripheral surface (16) extending between the first side surface (12) and the second side surface (14). The cutting portion (18) comprises a first cutting face (24) and an opposing second cutting face (26), a flank face (28) extending between the first cutting face (24) and the second cutting face (26), a first cutting edge (20) between the first cutting face (24) and the flank face (28), and a second cutting edge (22) between the second cutting face (26) and the flank face (28). The cutting portion (18) is bisected by a first plane (AA?) transverse to the first side surface (12) and the cutting portion (18) has a biconcave cross-section transverse to the first plane (AA?).

Abstract: A holder for a cutting tool for processing of workpieces has a first part for holding a cutting tool (150), a second part (120) to which the first part is fastened, and a fastening element (140). An adjustment element adjusts the position of the first part in relation to the second part. The first and second parts have a first bore and a second bore for receiving the fastening element and a recess (118, 128) for receiving the adjustment element. The first part has an abutment surface (115) placed onto a contact surface (122) of the second part, such that the central axes (A-A) for the first and second bores become parallel. The abutment surface of the first part and the contact surface of the second part are inclined in relation to the feeding axis (G-G) of the work piece towards the cutting tool (150).