Entry 3 senses · 2 variants Webster, 1913 Helve · IPA /hɛlv/ n. v. t. 01 n. The handle of an ax, hatchet, or adze. 1. The handle of an ax, hatchet, or adze. 2. The lever at the end of which is the hammer head, in a forge hammer.(Iron Working) 02 v. t. To furnish with a helve, as an ax. imp. & p. p. Helved; p. pr. & vb. n. Helving 1. To furnish with a helve, as an ax.