penny

1 of 2

noun

pen·​ny ˈpe-nē How to pronounce penny (audio)
plural pennies ˈpe-nēz How to pronounce penny (audio) or pence ˈpen(t)s How to pronounce penny (audio)
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
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
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Noun
Lawmakers failed to give MARTA an extension to collect a penny sales tax, which would cause the agency to run out of money. Adam Beam, AJC.com, 10 Apr. 2026 Tehran has made quite a penny charging tolls on the Strait, and twisting the knife by demanding payment in cryptocurrency or Chinese yuan, according to the FT. Eva Roytburg, Fortune, 9 Apr. 2026 Tech company Datadog tied its lock-up to the share price, which resulted in some gamified, to-the-penny trading. Liz Hoffman, semafor.com, 9 Apr. 2026 Customers would slip a coin into a slot, a penny, later a nickel or more, to find out their weight. Howard Cohen, Miami Herald, 9 Apr. 2026 See All Example Sentences for penny

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

Time Traveler
The first known use of penny was before the 12th century

Browse Nearby Words

Cite this Entry

“Penny.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/penny. Accessed 13 Apr. 2026.

Kids Definition

penny

noun
pen·​ny ˈpen-ē How to pronounce penny (audio)
plural pennies
-ēz
or pence ˈpen(t)s How to pronounce penny (audio)
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

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