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

Collection agencies frequently purchase delinquent debts for pennies on the dollar or work on commission for the original creditor. — Angelica Leicht, CBS News, 1 July 2026

The coins include the quarter, dime, nickel and penny, as well as signature coins, all with unique elements and features emblematic of the nation's milestone. — Nicole Fallert, USA Today, 28 June 2026

Medical debt can be bought for pennies on the dollar because creditors believe most debts won't be paid. — Noam Levey, NPR, 28 June 2026

That goes for bars of pungent soap, essential oils, sonic repellant devices, and hanging up pennies in bags of water, a favorite Internet myth. — Arricca Elin Sansone, Southern Living, 27 June 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