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

That's because debt collectors buy debt for pennies on the dollar, which typically gives them more flexibility to accept lower offers and still turn a profit. —Angelica Leicht, CBS News, 5 Dec. 2025

During the dig, students found numerous artifacts from the 19th century, including clay pipe fragments, a possible half-penny from the Glorious Revolution and a 17th-century ditch built to protect the castle while it was being built. —Andrea Margolis, FOXNews.com, 4 Dec. 2025

Trump repeatedly instructed Republicans not to cut a penny from Medicare and Social Security benefits during his campaign for his tax and spending policy bill this spring. —David Goldman, CNN Money, 4 Dec. 2025

Lauren Goode: Wow, throwing cash out with the pennies. —Lauren Goode, Wired News, 4 Dec. 2025

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

Rhymes for penny

• any
• bennie
• benny
• henny
• jenny
• many
• antennae
• halfpenny
• propene
• sixpenny
• threepenny
• twopenny

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