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

see also:

pinch pennies

-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

The penny, among the first coins to be made after the Mint was established in 1792, has become increasingly expensive to produce and is used by fewer and fewer consumers as digital transactions have become more standard. — ABC News, 29 Sep. 2026

The company in May hiked its quarterly dividend payout to 25 cents a share from a penny. — Alexa Lomonaco, CNBC, 28 Sep. 2026

Every penny per gallon adds about $10 million to American Airlines’ quarterly fuel bill, Chief Financial Officer Devon May said. — Rio Yamat, Los Angeles Times, 28 Sep. 2026

That’s why Meta has agreed to pay up to eighteen billion dollars as part of a settlement over predatory and deceptive practices, and why Anthropic is paying writers and publishers (admittedly, pennies) in a copyright settlement. — Jill Lepore, New Yorker, 21 Sep. 2026

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