Hi Kristina

1) "Shortcut" refers to a shorter or a faster way to get to a destiny or achieving something.

Example:

I'm gonna take this shortcut and i will get to town 20 minutes earlier.

2)  "Shortcut" also means to do something passing over the rules or cheating.

Example:

He won the contest because he took a shortcut.

3) In computing slang a "shortcut" is an icon that represents a link to an item, rather than the item itself.

Example:

He clicked on the shortcut to open the program

I hope it helps you.