Punt 

1. a kind of boat; see punt (boat)
2. an ancient region in Africa; see Punt (region)
3. an action in American football; see punt (football)
4. the indentation on the bottom of a wine bottle
5. The Irish Punt is another name for the Irish pound, the former currency of Ireland, replaced in 2002 by the euro.
6. as a verb (derived from the American football meaning) can colloquially mean the conscious act of ignoring responsibilities for class assignments or work, as in, "I punted on my homework last night," or "I'm punting the study group for the exam." It also means to do something without proper preparation or planning by making it up on the spot, as in "We'll just punt." Similar usage is common in U.S. business, industry, and engineering circles as in declining to tackle (also from American Football) a problem or giving others (perhaps better qualified, more ambitious or merely needing the work) the opportunity to shine or fail.

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