Definition of ponces:
(n) :
A man living off another's earnings, especially a woman's.
(n) :
Synonym of kept man.
(n) :
Synonym of pimp, especially one hired by a prostitute as a tout, bodyguard, and driver.
(n) :
Synonym of poof: an effeminate gay man; any similarly effeminate man.
(v) :
To act as a pimp.
(v) :
(derogatory) To behave in a posh or effeminate manner.