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

Even with this week’s decrease, the average Miami-area price is more than a penny higher per gallon than a month ago and 98 cents higher than a year ago, according to GasBuddy, a national fuel monitoring service that surveys nearly 1,700 stations in South Florida. —Miami Herald Staff, Miami Herald, 27 Apr. 2026

Killing it wouldn’t generate a penny for affordable housing anywhere else. —Peter Peyser, New York Daily News, 26 Apr. 2026

An ordinance approving a push tax, or a penny-per-play fee, on video gambling terminals was passed in October 2021, but never enforced and there are legal challenges pending to such a tax. —Evy Lewis, Chicago Tribune, 24 Apr. 2026

In a music business where artists get pennies for streaming revenues and can unknowingly sign dirty deals relegated to shady advances and royalty terms, Orrison instead focused on establishing 501(c)(3) status and creating an equitable recording contract that is incredibly artist-centric. —Selena Fragassi, SPIN, 22 Apr. 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