The Axe is an item from Heroes of Might and Magic IV that gives heroes +8 Attack, but reduces their in-combat movement by 1. It costs 250 gold. It provides a generous attack bonus, and it's an useful item to have, even though it decrease their movement. It was reported that the description is bugged and that the Axe actually provides only +7 Melee Attack to the hero, but this is not true. Like all basic items, the Axe is useful, but only before better artifacts can be obtained.