Definitions of punt:

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

  Example: "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:   propel with a pole

  Example: "We went punting in Cambridge"

• verb:   kick the ball
• verb:   place a bet on
• name:  A surname (very rare: popularity rank in the U.S.: #33032)