punch, n. — Green’s Dictionary of Slang

punch n.

also punch date

(orig. US campus) a promiscuous woman.

1963		Dundes & Schonhorn ‘Kansas University Sl.: A New Generation’ in AS XXXVIII:3 173: A female who is dated because of her lax sexual habits: punch.
1969		J. Crumley One to Count Cadence (1987) 141: The local punches, gang-bang Southern belles.
1975		G. Underwood ‘Razorback Sl.’ in AS L:1/2 64: punch 1: n Promiscuous female, one who freely engages in sexual intercourse.
1998		(con. 1986) G. Pelecanos Sweet Forever 5: This brother in the movie, he was just wailing on this punch.

SE in slang uses

In compounds

punch buggy (n.) [? from the child’s car game of punch buggy, whereby the first to see a VW ‘beetle' punches their fellow on the arm; however the nickname may have predated the game]

(Aus.) A Volkswagen ‘beetle automobile’.

2016

N. Cummins Adventures of the Honey Badger [ebook] We climbed into our rafts like clowns into a punch buggy.

In phrases

lose one’s punch (v.)

(Aus.) orig boxing, to reach one’s limit, to exhaust oneself.

1908		Barrier Miner (Broken Hill, NSW) 1 Feb. 6/1: Even his [...] pathetic lament ‘that he had lost his punch’ did-not shake our opinion that there had been a swindle somewhere.
1908		Truth (Brisbane) 13 Sept. 3/3: We can only imagine that, like a not less famous warrior of recent days, [General] Kuropatkin has ‘lost his punch’.
1910		Bathurst Times (NSW) 5 Nov. 6/4: ‘Has Not Lost His Punch’. Mr. Peter Bowliar in reply to Mr. Hogue’s assertion that Pete had lost his punch, said:— Mr. Hogue may think I have lost what he is pleased to call my punch, but I have not lost my seat.
1914		Methodist (Sydney) 10 Oct. 4/1: I have a friend who, when he wants to describe any man who seems to have lost his interest in any good work [...] says: ‘That fellow has lost his punch’.
1923		Richmond River Exp. (NSW) 9 Mar. 4/3: But like the cock who gamely crows / On his own muck heap — that's all past, / The pommy’s lost his punch at last!
1924		Brisbane Courier 12 Apr. 6/7: ‘Lost His Punch’ [...] Yesterday, on at least one tramcar, there was a conductor who had lost his punch, or, rather, whose punch had lost its penetrating power.
1938		Referee (Sydney) 22 Dec. 5/4: Hasn’t Lost His Punch. One-time Victorian Jockey, Herbert Charles, is having a great run of success on Western Australian courses.
1941		Baker Popular Dict. Aus. Sl. 44: LOSE ONE’S DASH: To weaken, no longer show energy in a task or undertaking. Also, ‘lose one’s punch’.
1948		Burrowa News (NSW) 23 July 8/4: Cr. Hanley said he was now convinced that Mgr. Cahill had ‘lost his punch’.
1953		Sun (Sydney) 5 July 30/3: Destroyer soon lost his punch. [...] he couldn't sustain his early success and quickly got off the beam.

make a punch (v.)

(Aus.) to make a killing in the goldfields, stock market etc; thus punch, a killing, a coup.

1900		Bulletin (Sydney) 12 May 24/2: He made his big Broken Hill ‘punch’, and was able to become an owner.
1910		Bulletin (Sydney) 21 July 10/2: Rolls was one of the few scions of the nobility to make a punch in a business sense. [...] Rolls was [...] the commercial brain of the Rolls-Royce Co.

punch in the mouth (n.) [pun on SE punch/punch v. (1)]

cunnilingus.

1967

D. Simmons ‘Terms Used in a Men’s Dormitory’ in AS XLII:4 229: punch-in-the-mouth, n. Cunnilingus.