Actually Sid, it is Buntel Mayat, the "Buntel Mayit" name is a corruption.
In Javanese the word "buntel" is a wrapping, & "mayit" is a corpse. "Buntel Mayit" = "corpse wrapping" which sounds pretty hairy & scary, especially so for people who do not understand.
On the other hand, the word "mayat" means "to slope upwards", & "Buntel Mayat" = "wrapped in an upwards direction". In the understanding of those people who were the acknowledged elites of keris understanding & belief in Solo during the 1970's & 1980's this was a very positive pamor that enhanced the advancement of the bearer.
The "mayit" thing is just another persistent misunderstanding. Not at all unusual where the keris is concerned. But this is for Javanese keris.
In Bali this pamor is "Tambang(an) Badung". The word "tambang" means "rope", "Badung" is a regency in South Bali that covers most of the well known tourist areas --- Kuta, Legian, etc. So"Tambang Badung" = "Badung Rope".
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