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English definition of “punt on sth”

punt on sth

(RISK MONEY) informal phrasal verb with punt     /pʌnt/ verb
to risk money by buying or supporting something, in the hope of making or winning more money: Traders are punting on a big move on the stock markets next week.
(Definition of punt on sth (RISK MONEY) from the Cambridge Advanced Learner's Dictionary & Thesaurus © Cambridge University Press)
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