(verb) Dictionary ! To make an attempt at; to try. Not that they mean a punt is involuntary, but … The punt is a unique and important play in football. Take a hike, clear off!Another answer:The phrase 'to take a punt', or just the verb '(to) punt' means to lay, or place, a bet; to gamble. I discovered from doing a search, that a punt was once the basic unit of money in Ireland; equal to 100 pence. Grinnmarr on June 30, 2010 In the UK "punting" is an oft used slang term for frequenting prostitutes. The idiom take a knee has been in use since at least the 1960s, but the meaning of the phrase has changed drastically over the years. Does anyone know why the word 'punt' is used to mean gamble? This means that a punt carries higher risks than most investments , but … To make a guess or estimate about. As such, it’s a transitional moment, and like many transitional moments, it’s fascinating because it has so many different possible outcomes. A punt is an attempt to make fast profits from an investment regardless of its underlying fundamentals. to end an awkward conversation, or respond to an off-color or bad joke. Menu. on a broader scale - and punt can be used to change a conversation's topic, or swapped in as a verbal exclamation point to emphasis one's point or argument, or even to convey excitement. It’s interesting to see the answers from America which link the word to American football. He says he likes it so far. In the UK to "have a punt" can mean to take a risk on something. take a punt at (something) 1. Posted by Lotg (OZ) on August 31, 2004. Punting is the most common way that possession moves from one team to the other. A punt is a type of flat-bottomed river craft which is propelled by means of a punt or long pole. What does punt mean? An idiom is a word, group of words or phrase that has a figurative meaning that is not easily deduced from its literal definition. 2. 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