Bed length is the distance between centers, or the maximum length of the stock that can be turned. Swing is the term used to describe the largest diameter stock that can be turned. Horsepower is the amount of torque the lathe motor develops, which in turn will determine how heavy an item can be turned without overloading this critical component. RPMs are the revolutions per minute the stock can be turned. Here, note that most, if not all lathes have variable speed capabilities. A lathe with a very low speed range allows the user to start a piece of odd shaped, unbalanced stock without excessive vibration, and high speed machines can speed the work while making obtaining a fine, smooth finish easier to achieve. Weight and composition. Heavier machines with cast iron beds and steel frames offer a good, solid work platform, but can be difficult to move if you are operating it in a crowded workshop where you will be storing it when it is not in use.
Gouges. These usually have specially shaped cutting edges for performing particular cuts, such as bowl gouges, with concave, curved cutting edges to form the smooth, curved surface of a bowl, or vee, or knurling gouges for cutting grooves or knurls in wooden spindles. Scrapers. These are often flat or slightly curved chisels for removing wood from flat or cylindrical shapes, or for roughing out a shape. Parting tools. These are thin, vee tipped tools for cutting off work pieces. Spoon cutters have a spoon shaped cutting edge and are also often used for shaping bowls. Other tools you may encounter are skew chisels, fluted gouges, spindle gouges, and nose chisels.
The headstock consists of the drive train, including the motor, pulleys, belts, and spindle, and for a right handed turner, will be located on the left end of the lathe. Mounted on the end of the headstock facing the tailstock is the spindle and the spur center or for face turning such as bowls and plates, or other flat or face work, the face plate assembly. The tail stock is the free spinning end of the lathe, and has the tailstock spindle and the cup center, as well as a hand-wheel or other feature for clamping or securing the work piece between the lathe centers. The tool rest is similar to a mechanical arm with a metal guide bar to support the chisel used for turning the work piece. It usually can be adjusted by sliding the length of the bed at its base, with an intermediate arm that can swing from a parallel to a perpendicular position in relation to the lathe bed, and the upper arm, which holds the actual tool rest bar. This assembly has as many as three swivel joints, all of which tighten with a setscrew or clamp to keep it secure while turning is in progress.