punt
     n 1: formerly the basic unit of money in Ireland; equal to 100
          pence [syn: {Irish pound}, {Irish punt}, {pound}]
     2: an open flat-bottomed boat used in shallow waters and
        propelled by a long pole
     3: (football) a kick in which the football is dropped from the
        hands and kicked before it touches the ground; "the punt
        traveled 50 yards"; "punting is an important part of the
        game" [syn: {punting}]
     v 1: kick the ball
     2: propel with a pole; "pole barges on the river"; "We went
        punting in Cambridge" [syn: {pole}]
     3: place a bet on; "Which horse are you backing?"; "I'm betting
        on the new horse" [syn: {bet on}, {back}, {gage}, {stake},
         {game}]
Source: WordNet® 2.0

punt v. [from the punch line of an old joke referring to American
   football: "Drop back 15 yards and punt!"] 1. To give up, typically
   without any intention of retrying. "Let's punt the movie tonight." "I
   was going to hack all night to get this feature in, but I decided to
   punt" may mean that you've decided not to stay up all night, and may
   also mean you're not ever even going to put in the feature. 2. More
   specifically, to give up on figuring out what the {Right Thing} is and
   resort to an inefficient hack. 3. A design decision to defer solving a
   problem, typically because one cannot define what is desirable
   sufficiently well to frame an algorithmic solution. "No way to know what
   the right form to dump the graph in is -- we'll punt that for now." 4.
   To hand a tricky implementation problem off to some other section of the
   design. "It's too hard to get the compiler to do that; let's punt to the
   runtime system." 5. To knock someone off an Internet or chat connection;
   a `punter' thus, is a person or program that does this.


Source: The Jargon File