Definition of "punt"
punt1
/pʌnt/
punt2
/pʌnt/
verb
third-person singular simple present punts, present participle punting, simple past and past participle punted
To dropkick; to kick something a considerable distance.
(rugby, American football, Australian Rules football, Gaelic football, soccer, transitive, intransitive) To kick a ball dropped from the hands before it hits the ground. (This puts the ball farther from the goal across which the opposing team is attempting to score, so improves the chances of the team punting.)
punt3
/pʌnt/
noun
plural punts
verb
third-person singular simple present punts, present participle punting, simple past and past participle punted
(figuratively) To make a highly speculative investment or other commitment, or take a wild guess.