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It comes from the word, Punjabi. Slang used mostly by young English speakers in India, rather than those who are of Indian descent but were born elsewhere.
The punj term for 'in between jobs' is supposed to be vella.
by matbby February 12, 2006

Words related to punj

tamil hind hp india northie punjabi punju tam tamizha
cool as fuck
wow he's a real punj
by boss-face August 19, 2003