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