Definition of "Punt" :

noun: (football) a kick in which the football is dropped from the hands and kicked before it touches the ground

"The punt traveled 50 yards."

noun: an open flat-bottomed boat used in shallow waters and propelled by a long pole

noun: formerly the basic unit of money in Ireland; equal to 100 pence

verb: place a bet on

verb: propel with a pole

"We went punting in Cambridge."

verb: kick the ball