puncture

from The American Heritage® Dictionary of the English Language, 5th Edition.

• intransitive verb To pierce with a pointed object.
• intransitive verb To make (a hole) by piercing.
• intransitive verb To depreciate or deflate.
• intransitive verb To be pierced or punctured.
• noun The act or an instance of puncturing.
• noun A hole or depression made by a sharp object, especially a hole in an automotive tire.

from The Century Dictionary.

• To prick; pierce with a sharp point of any kind: as, to puncture the skin.
• noun The act of perforating or pricking with a pointed instrument, or a small hole made by it; a small wound, as one made by a needle, prickle, or sting: as, the puncture of a lancet, nail, or pin.
• noun In zoology, a depressed point or dot, as if punctured; a small depression, as if pricked into a surface; a punctum. See cut under Coscinoptera.

from the GNU version of the Collaborative International Dictionary of English.

• noun The act of puncturing; perforating with something pointed.
• noun A small hole made by a point; a slight wound, bite, or sting.
• transitive verb To pierce with a small, pointed instrument, or the like; to prick; to make a puncture in.

from Wiktionary, Creative Commons Attribution/Share-Alike License.

• noun The act or an instance of puncturing.
• noun A hole, cut, or tear created by a sharp object.
• verb To pierce; to break through; to tear a hole.

from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.

• verb make by piercing
• noun loss of air pressure in a tire when a hole is made by some sharp object
• verb cause to lose air pressure or collapse by piercing
• noun a small hole made by a sharp object
• verb reduce or lessen the size or importance of
• noun the act of puncturing or perforating
• verb be pierced or punctured
• verb pierce with a pointed object; make a hole into