Definition of penny
plural pennies
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\ˈpe-nēz\
or pence
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\ˈpen(t)s\
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
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
