Paunch \Paunch\, n. [OF. panch, pance, F. panse, L. pantex, panticis.] 1. (Anat.) The belly and its contents; the abdomen; also, the first stomach, or rumen, of ruminants. See {Rumen}. 2. (Naut.) A paunch mat; -- called also {panch}. 3. The thickened rim of a bell, struck by the clapper. {Paunch mat} (Naut.), a thick mat made of strands of rope, used to prevent the yard or rigging from chafing.