punsult 

A phrase that can be interpreted as both a true statement and an insult due to the use of a homophone.

Common use of punsults:
Wow, you are hairy! (Said to Harry)
He had sex with a minor. (Said to someone who had sex with a miner)

punsult by ljttyqwxsoyd December 9, 2008

punultimate 

punultimate - word play on penultimate - meaning the last ultimate joke one could possibly say in a crisis before the blank hits the fan; a last minute quip before imminent danger occurs (physical, financial, emotional break down) to interject humor into the dire situation

Right now would be the punultimate time to send out an email asking for a raise (before you get fired).
Right now would be the punultimate time to ask for forgiveness before your relationship ends.
Right now would be the punultimate time to sell all of your stocks before you lose all of your money.

punultimate by hilltop trading July 24, 2024