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

Wells Fargo rose over 1% and, at its highs of the day, came within pennies of its record high of $81.50 set on Feb. 6. —Morgan Chittum, CNBC, 30 June 2025

Adjust earnings per share tumbled 86% to 14 cents, beating Wall Street forecasts by a penny. —Emma Burleigh, Fortune, 27 June 2025

Infant Jesus of Prague School in Flossmoor students raised money via a penny drive, bringing in jars of pennies and sabotaging other groups by adding silver change to their jars. —Melinda Moore, Chicago Tribune, 25 June 2025

Window placement and, by extension, the number of windows on your home, isn’t the place to pinch pennies or cut corners. —Elizabeth Hutchison Hicklin, Southern Living, 25 June 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