Crossword Genius

Joke time in gondola? (4)

Ross

I believe the answer is:

punt

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'joke time in gondola?' is the definition.
The answer and definition can be both acts as well as being singular nouns.
Perhaps they are linked in a way I don't understand?

'joke time' is the wordplay.
'joke' becomes 'pun' (pun is a type of joke).
'time' becomes 't' (abbreviation).
'pun'+'t'='PUNT'

Can you help me to learn more?

(Other definitions for punt that I've seen before include "Kick -- bet -- boat" , "Pole-propelled boat" , "Pre-euro currency unit of Ireland" , "Bet (in old Irish money?)" , "Open flat-bottomed boat" .)

I've seen this clue in The Sun.
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