Laminate trimmer
A small version of a wood router, used to trim laminate. In the USA, it generally has a 1/4-inch collet. Motor runs in the 20-30,000 RPM range -- faster than most wood routers because the bits are smaller in diameter. A large bit has to run at slower RPMs because the farther the cutting edge is from center of the bit, the faster it moves. Thus, to get the same cutting effectiveness, a smaller bit needs to spin at faster RPMs.