penny

1 of 2

noun

pen·​ny ˈpe-nē 

plural pennies ˈpe-nēz  or pence ˈpen(t)s 

often attributive

1

a

: a monetary unit of the United Kingdom formerly equal to ¹/₂₄₀ pound but now equal to ¹/₁₀₀ pound

b

: a similar monetary unit of any of various other countries in or formerly in the Commonwealth of Nations see pound at Money Table

c

: a coin representing one penny

2

: denarius

3

plural pennies : cent

4

: a former monetary unit equal to ¹/₁₀₀ Irish pound

5

: a trivial amount

6

: a piece or sum of money

that will cost a pretty penny

-penny

2 of 2

adjective combining form

: being a (designated) nail size

an eightpenny nail

Examples of penny in a Sentence

Recent Examples on the Web

Noun

Watch on Deadline On another practical note for penny pinching execs, time crunching agents, talent, and filmmakers, Cincinnati is 4 hours and 10 minutes on a direct flight from LA. —Dominic Patten, Deadline, 12 Sep. 2024

Ilkay Gundogan was the biggest departure from Hansi Flick's squad this summer, but the Catalans didn't receive a penny for his return to Manchester City despite the German still being under contract and arguably their best performer in 2023/2024. —Tom Sanderson, Forbes, 8 Sep. 2024

Either way, Coinstar is indispensable to the U.S. Mint, at least so long as pennies are being used. —Dan Primack, Axios, 4 Sep. 2024

Barclays has a target price of 460 pence ($5.9) on the stock, giving it around 36% upside potential. —Amala Balakrishner, CNBC, 15 Aug. 2024

Word History

Etymology

Noun

Middle English, from Old English penning, penig; akin to Old High German pfenning, a coin

Adjective combining form

penny; perhaps from the original price per hundred

First Known Use

Noun

before the 12th century, in the meaning defined at sense 1a

Phrases Containing penny

• (a) penny for your thoughts
• a penny saved (is a penny earned)
• a pretty penny
• earn/turn an honest penny
• every penny helps/counts
• in for a penny, in for a pound
• not a penny less/more
• not cost a penny
• penny ante
• penny arcade
• penny candy
• penny dreadful
• penny loafer
• penny-pinching
• penny stock
• penny whistle
• penny-wise
• penny-wise and/but pound-foolish
• ten a penny
• the penny drops
• worth every penny

Kids Definition

penny

noun

pen·​ny ˈpen-ē 

plural pennies

-ēz

or pence ˈpen(t)s 

1

a

: a British unit of money formerly equal to ¹⁄₂₄₀ pound but now equal to ¹⁄₁₀₀ pound

b

: a coin representing this unit

2

plural pennies : cent

3

: a sum of money

earn an honest penny