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1.
A "trick" and/or a "tease".

Commonly used in red-light districts
on the west coast.
I was going to be this hooker's punk, but then she cock punked me, at which point I beat the living shit out of her and buried her dead body.
+outside PA
by trotsky June 19, 2004
 
2.
1. (n.) a young male who demonstrates repressed homosexuality through excessive display of aggressive or otherwise overtly masculine behavior.

2. (n.) a brazenly stupid or intentionally wreckless person.
"That fucking nigger in the Camero just crossed three lanes and cut me off! Why the hell didn't do that before we pulled up to the toll booth? What a fucking cock-punk!"
by Jack Levey August 04, 2005