A stance in which a swordfighter is preparing to unsheathe their blade as the first step of an upward slicing attack. The drawing hand may be on the hilt of the sword (post #136185) or waiting slightly apart from it (post #759893) while the other hand holds the saya at an angle suitable for the draw.
Battoujutsu's fast draw is a signature technique of Himura Kenshin.
Also use sheathed cut when an actual cutting is taking place.
This tag implicates ready_to_draw (learn more).