The invention provides a precise linear shaft for a cutter grinder and relates to the field of precise cutter machining equipment. The precise liner shaft comprises a base, a water retaining plate, an end plate, a protecting plate, a left dust cover, a right dust cover, a movable plate, a dust cover connecting plate, drainage grooves, an external-interface connecting plate, an electrical interface, an air pipe connector, a linear motor rotor, a linear motor stator, limiting blocks, a reading ruler, a grating ruler, hard limit, a slider, a guide rail and an inner water retaining plate. The technical problems existing in transmission cutter machining and the cutter grinder for grinding of old cutters can be solved; the cutter grinder set up by modularized design for the precise linear shaft can improve machining speed, the performance of a complete machine is improved to a certain degree, and an integrated optimization solution is provided for precise cutter maching.