look up any word, like the eiffel tower:
 
6.
Flat bottomed, small, open boat that is powered by a person pushing along with a long pole. Similar to a Venetian gondola. Used in shallow waters (unless you have a really long pole.)
The waters around Cambridge University are often full of silly punts.
by robcraine November 22, 2005
 
1.
(MIT slang) (1) To skip class (2) To avoid doing work. Ant: tool.
by Anonymous November 07, 2003
 
2.
To be kicked.
Dag yo!
by Anonymous April 05, 2003
 
3.
To kick an object as far and hard as possible
you punted the ball over the fence bell-end!
by bob bmac August 29, 2006
 
4.
To have a bet.
John: I have a feeling QPR will beat Man U today.
Alex: At 14/1, it's worth a punt!
by Top Tipster January 10, 2013
 
5.
To 'have a punt' means to bet prospectively on something that probably won't win.
"What so you think Shergar is coming in at Cheltenham?"

"Not really, but I'll have punt on that"

or

"That stuck up bitch over there only sleeps with guys who have at least 10 grand in their pocket and a diamond bed to sleep on"

"Fuck mate, have a punt, if it don't work out, nothing lost."
by cocktwist March 18, 2010
 
7.
to buy time, delay

This is likely in reference to football (American) where a punt after possession is used to keep the opposing team from scoring for as long as possible.
Person A: Why did you turn them down?
Person B: I was punting! They were trying to force me into a bad deal.
by Johnald141 November 04, 2007