Longman Dictionary of Contemporary English - punt

~1 n 1 a long narrow river-boat with a flat bottom and square ends, that is moved by pushing a long pole against the bottom of the river 2 the act of going out in a punt  (Let's go for a punt.) 3 in American football, a long kick that you make after dropping the ball from your hands 4 BrE informal money that you risk on the result of something such as a race; a bet 5 take a punt informal to make a guess when you do not have full enough information to make a proper decision ~2 v 1 in American football, to drop the ball from your hands and kick it  (He punted the ball forty yards.) 2 to go or take someone on a river by punt  (We were punting up the river.)