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A bag of semen.
Derived from the words punane and cunt.

"You fucking punnet!"
by Jimmy Hoffer January 19, 2008
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2
A bag or toe sack large or med sized, to carry smaller items. e.g., apples, etc
Suzy, go ahead and take a punnet of those apples before they go bad.
by dirkdavid33 February 26, 2010
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3
Vagina. From container for ones fruit i.e. a recepticle of semen or a bag for semen.
That girl's punnet got filled with my fruit last night
by ScopeyUK February 14, 2011
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