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    • A tool, usually containing a cavity, that imparts shape to solid, molten, or powdered metal primarily because of the shape of the tool itself. Used in many press operations (including blanking, drawing, forging, and forming), in die casting, and in forming green powder metallurgy compacts. Die-casting and powder metallurgy dies are sometimes referred to as molds.

      Source: The OHIO State University

      A die is a specialized tool used in manufacturing industries to cut or shape material using a press. Like molds and stencils, dies are generally customized to the item they are used to create. Products made with dies range from simple paper clips to complex pieces used in advanced technology Forming dies are typically made by tool and die makers and put into production after mounting into a press. The die is a metal block that is used for forming materials like sheet metal and plastic. For the vacuum forming of plastic sheet only a single form is used, typically to form transparent plastic containers (called blister packs) for merchandise. Vacuum forming is considered a simple molding thermoforming process but uses the same principles as die forming. For the forming of sheet metal, such as automobile body parts, two parts may be used, one, called the punch, performs the stretching, bending, and/or blanking operation, while another part, called the die block, securely clamps the workpiece and provides similar, stretching, bending, and/or blanking operation. The workpiece may pass through several stages using different tools or operations to obtain the final form. In the case of an automotive component there will usually be a shearing operation after the main forming is done and then additional crimping or rolling operations to ensure that all sharp edges are hidden and to add rigidity to the panel.

      Source: Wikipedia