Definition of "punt"
noun:
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A pontoon; a narrow shallow boat propelled by a pole.
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A kick made by a player who drops the ball and kicks it before it hits the ground. Contrast drop kick.
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A point in the game of faro.
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A bet or wager.
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An indentation in the base of a wine bottle.
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A thin glass rod which is temporarily attached to a larger piece in order to better manipulate the larger piece.
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The Irish pound, used as the unit of currency of Ireland until it was replaced by the euro in 2002.
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verb:
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To propel a punt or similar craft by means of a pole.
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To kick a ball dropped from the hands before it hits the ground.
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To kick a bouncing ball far and high.
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To retreat from one's objective.
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To stake against the bank, to back a horse, to gamble or take a chance more generally.
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To make a highly speculative investment or other commitment, or take a wild guess.
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