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English definition of “punt on sth”

punt on sth

verb uk phrasal verb with punt   /pʌnt/ us  

(RISK MONEY)

informal 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.

(NOT DO)

US informal If you punt on something, you decide not to do or include it: We punted on a motion that makes no sense.
(Definition of punt on sth from the Cambridge Advanced Learners Dictionary & Thesaurus © Cambridge University Press)
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