Punt \Punt\, n. (Football) The act of punting the ball.
Punt \Punt\, v. i. 1. To boat or hunt in a punt. [Webster 1913 Suppl.]
2. To punt a football. [Webster 1913 Suppl.]
Punt \Punt\, v. i. [F. ponter, or It. puntare, fr. L. punctum point. See {Point}.] To play at basset, baccara, faro. or omber; to gamble.
She heard . . . of his punting at gaming tables. --Thackeray.
Punt \Punt\, n. Act of playing at basset, baccara, faro, etc.
Punt \Punt\, n. [AS., fr. L. ponto punt, pontoon. See {Pontoon}.] (Naut.) A flat-bottomed boat with square ends. It is adapted for use in shallow waters.
Punt \Punt\, v. t. 1. To propel, as a boat in shallow water, by pushing with a pole against the bottom; to push or propel (anything) with exertion. --Livingstone.
2. (Football) To kick (the ball) before it touches the ground, when let fall from the hands.
As to what they may be, he says, "I'll have to punt."
Given their own experience, devaluation looks an obvious policy option; but a sharp move - certainly one which put the Irish punt at a premium to the pound - would put them in a painful dilemma.
A 10 per cent devaluation should help restore the loss in competitiveness caused by sterling's decline. Because one third of Ireland's trade is with Britain, some EC officials are tempted to view the punt as a special case.
The French franc closed at FFr3.380 per D-Mark, while the krone finished at DKr3.8501. The tensions were partly relieved by the market's acceptance of the size of the punt devaluation.
But Ireland sends 30 per cent of its exports to the UK, while the punt has gained 10.9 per cent against the pound since before Black Wednesday and short-term real interest rates are about 12 per cent.
Australia already has 'one of the highest real yields in the industrialised world', according to IBJ's Mr Hannah. The Italian lira and Irish punt held up well in the face of political difficulties.
The weak results at Waterford were blamed on a prolonged strike, the strength of the punt and the weak economic climate.
Given the size of his fortune, Walker could afford the punt. But less fortunate entrepreneurs, tired of trotting round timid venture capital firms, must wish there were more Jack Walkers around.
The biggest threat on the interest rate front will be when the UK next raises rates.' The incoming government bolstered sentiment by pledging adherence to the Maastricht convergence criteria. Mr Power noted that the punt is not a heavily traded currency.
The Irish punt also improved allowing short term interest rates in the country to be cut to 30 per cent from 100 per cent.
In a week when the US Federal Reserve intervened to support the dollar, the main move in the EMS grid came from the Irish punt, which climbed above the Belgian franc and the D-Mark.
A trader in Jersey said: 'Overnight rates for the punt have gone crazy.
However, the Irish punt alternated with the French franc throughout the day at the bottom of the ERM grid. Dealers are waiting to see whether the Dublin government will go ahead with its plan to lift exchange controls by the end of the year.
Central banks, operating under ERM rules, intervened heavily on the punt's behalf; the Belgian central bank bought Dollars 1bn-worth of punts in three hours one Friday morning last year.
The French franc, Danish krone and Irish punt - all weak recently in the European exchange rate mechanism - seem to have surmounted the worst of the currency storms.
After exceptional and extraordinary items, the company reported a 21.4 million-punt loss before tax, compared with a 20.6 million punt loss a year earlier.
If attitudes to buying really have changed - and property is no longer something to take a punt on - the turnover in the resale market will continue to be much less than a few years ago. That is good news for landlords and new home builders.
The punt remained slightly above its floor levels against the Belgian franc and D-Mark in thin trading in Ireland yesterday, writes Tim Coone in Dublin. Money market interest rates eased from their high levels on Monday.
His father, known universally as "Big George," had been a revered St. John's football star, remembered for an 82-yard punt.
In buying Beazer, Hanson took a similar punt on the aggregates cycle in the US.
But they are 'taking a punt' on house price inflation.
Political uncertainties also weakened the punt, after new Irish elections appeared more likely.
It was temporarily replaced by an overnight lending facility which at times soared as high as 100 per cent, as the bank sought to ward off speculation on the punt. Commercial lending rates are pegged to the STF.
It aroused the hostility of France and Italy and provoked the Irish at one point to demand a 1% revaluation of the punt, less than six months since it was devalued by 8% in the EMS.
Irish government says 'the disadvantages of devaluation far outweigh the short-term advantages'. January 27-28: Renewed heavy selling of punt.
There is no token presence and each artist has a chance of winning - well worth a punt. Shall I mark your card?
Allied also said it expects to report pretax profit of 70 million Irish punt for the six months ending Sept. 30, an increase of 21.5% from the same period last year.
But it represents a punt on the recovery of the UK's Mittelstand companies, without the illiquidity of investing in large funds. This could be good news, not just for 3i's founding shareholders.
Sterling was yesterday trading at Pounds 1.10 to the Irish punt.
'The aim of our activities is to support (the monetary system) and therefore, all member currencies, including the punt,' an official said. The UK government played down Mr Quinn's criticism.