1. a male prison inmate fucking another male prison inmate in the ass
2. succesfully playing a practical joke on someone
Originally, the word "punk" was
prison slang, meaning the first defintion. the second comes from the idea that fucking someone in the ass is a sign of disrespect (such as male dogs humping one another to show dominance, instead of sexual attraction, which could very well be
the motive behind
prison rape as well)