attaching six matches to each other, sticking the last one in your dick. You then light the first match and try to ejaculate to HBO Porn (for extra challenge) before you burn your dick.
Guy A: What's with the blood on your pants?
Guy B: I tried to pull off the Ponce. Needless to say, I failed.
by alrighttitties September 8, 2007
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Often used in the British phrases 'poncing about' or 'poncing around', indicating that a person is acting childishly, dangerously or not being serious about the activity at hand.
Oi leave it out mate, stop poncing around, you could have someone's eye out with that stick.
by Guillermo M P May 17, 2007
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Term originated in the UK and came to prominence in the 1960's, initially to describe a pimp. In Spanish it means "prince" and could have either been referring to the fancy, over-the-top clothing and jewelry popular with pimps, or because he was surrounded by a harem of women, involved in the underworld, but usually not the actual "king" of the area (he had to pay tribute to use the block or neighborhood).

Now it is generally used to refer to someone (usually a male) who dresses in nicer clothing and acts in a polished fashion; often interchangable with fag or pussy, but not necessarily as derogatory: a ponce is not necessarily homosexual, nor are they necessarily passive or weak, but they would tend to be thought of as metrosexual or gay in their manner of dress.

In the US it also takes a bit of a tone for a poser or wannabe, primarily in the punk, ska, or artsy scenes.
1960's BRITISH:
JACK: Oi, I need to find me a classy bird for the night.
TOM: Go talk to that ponce Tony. He got some nice girls, by the hour, they are.
JACK: Tony's a ponce, is that right? I though he just had some sort of magic with the ladies.
TOM: Fuckin' prat, you are.

MODERN BRITISH:

NIGEL: I can't believe I got curry on me new Pradas! I just paid five hundred quid for em!
ANDY: Haha, you fuckin' ponce, that's what you get.
NIGEL: Fuck you, you fookin' chav, at least me Burberry's real.
ANDY: Right. You're still a ponce.

MODERN US:
DAVE: Hey man, wanna come into the woods with us and blaze?
FRED: No thanks, dude. I've got a date tonight and I don't wanna get my jeans dirty or sound like a retard when I'm talking to her.
DAVE: Quit being a fucking ponce and come on, man. This shit's good.
FRED: Alright, fine.

"Tim is a ponce; he thinks that Blink 182 is punk."
by don_tardo December 27, 2006
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Freeloader.

Someone who tries to get something for nothing by exploiting the good nature and benevolence of others.
there i was minding my own business , when this guy comes up to me and asks me if i had any spare change!!

God, what a Ponce!
by englishboy37 November 26, 2011
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As a ponc, I want others to know when it's time to stay in their own lane.
by qponc September 14, 2018
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An individual who attempts to fake having intelligence, class, or culture.
I knew he was a bit of a ponce, but what's with the monocle?
by Melgar May 8, 2004
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v: to ponce off someone is to borrow without the intention of necessarily paying back

n: a ponce is a derogatory description of someone who is judged to be gay, appear gay or have some other attributes or characteristics that others find amusing and not in a nice way.
1. Maximillian is always poncing for fags.

2. That striped catsuit doesn't do you any favours Brendan, it makes you look like a total ponce.
by Papa's oldschool mistress October 28, 2008
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