1 definition by yerfandsam

Top Definition

Phut (phoenetic fut ) a weak wet minor noise, weaker than a damp squib, or a supressed fart OE}.
Generally accepted as being a disappointment considered against the potential pleasure.

The dot-com boom fizzled briefly, but for many ended with a phut, much the same as a three-penny damp squid.

by yerfandsam September 10, 2003