penny

1 of 2

noun

pen·​ny ˈpe-nē How to pronounce penny (audio)
plural pennies ˈpe-nēz How to pronounce penny (audio) or pence ˈpen(t)s How to pronounce penny (audio)
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
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
They’re being forced to kick the can down the road by refinancing at high rates, sell their properties for pennies on the dollar, or default. Dylan Sloan, Fortune, 16 May 2024 These restaurants are offering specials and freebies in honor of mom That $1 bill or penny in your pocket could be worth thousands. Russ Wiles, The Arizona Republic, 13 May 2024 But then the loans come back to life because they get bought up, sometimes for pennies on the dollar, by debt collectors who then move to collect and foreclose on people's homes. Sam Yellowhorse Kesler, NPR, 10 May 2024 Nationally, the average price of gasoline fell a penny from a week ago to $3.62 a gallon, according to GasBuddy, which, like AAA, also compiles data from gas stations. Frank Witsil, Detroit Free Press, 6 May 2024 Now, every penny spent on Starliner meant one less penny in profit (or, ultimately, greater losses). Amber Dasilva / Jalopnik, Quartz, 6 May 2024 Kentucky uses penny breakage while most states, such as California, round down to the dime. John Cherwa, Los Angeles Times, 5 May 2024 Of course, a bunch of young guys — a roster full of players being paid pennies compared to their peers — were pressing to start the season. Dieter Kurtenbach, The Mercury News, 1 May 2024 Most of the money will go to EV owners, leaving just pennies per kilowatt for intermediaries selling power to grids, but across millions of EVs, that would add up. Nick Carey and Victoria Waldersee, The Christian Science Monitor, 22 Apr. 2024

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'penny.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

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

Time Traveler
The first known use of penny was before the 12th century

Dictionary Entries Near penny

Cite this Entry

“Penny.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/penny. Accessed 24 May. 2024.

Kids Definition

penny

noun
pen·​ny ˈpen-ē How to pronounce penny (audio)
plural pennies
-ēz
or pence ˈpen(t)s How to pronounce penny (audio)
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

More from Merriam-Webster on penny

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