1. Another word for a gunt.
2. Gunt - Bulging area found on large women between the waist and thegenital area.
"Damn, did you see Lindsay's punt? She got FAT. Shouldn't be staying at home with her cat so much. That bitch is so fat she's got stretch marks on her clothes!"
When a girl gives you an obvious hint that she would like to have sex, makeout, give her cell number, etc.. You have a chance to score but you fuck up and accidently 'punt' your chance away.
Orlando: She told me she hasn't had sex in a long time, so i texted her 'I'm sorry to hear that'.