Definition of penny in English:

penny

Syllabification: pen·ny
Pronunciation: /ˈpenē
 
/

noun

1North American informal A one-cent coin equal to one hundredth of a dollar.
More example sentences
  • To make things easier, the penny will also go up in value one cent each year until it is worth five cents.
  • The getter collects all the materials needed for the activity, which include shaving cream, 2 paper towels, and a penny.
  • ‘A hundred pennies make a dollar,’ my father would say, encouraging me to surrender the coin in my hand to a narrow slot in the head of a porcelain pig.
1.1 (plural for separate coins pennies, for a sum of money pence /pens/) (abbreviation: p) A British bronze coin and monetary unit equal to one hundredth of a pound.
More example sentences
  • He held out his hand and showed me a fifty pence and ten pence coin and said ‘All I want is a cup of tea.’
  • Even more shocking than their aggrandizement of linguistic power is their evident ignorance of how English, the language of pounds and pennies, dollars and cents, works.
  • He had pencilled a price of four pounds and fifty pence onto the first page.
1.2 (abbreviation: d) A former British coin and monetary unit equal to one twelfth of a shilling and one 240th of a pound.
More example sentences
  • Payment was made in cash of the pounds, shillings and pence variety and the ‘luck penny’ handed over.
  • Prior to decimalization, the pound was divided into twenty shillings, each shilling into twelve pennies and each penny into four farthings.
  • Before 1971 there were 240 pennies in a pound, 12 pennies in a shilling, and maths lessons were a lot more difficult.
1.3 (pennies) A small sum of money: in the current economic situation any chance to save a few pennies is welcome
More example sentences
  • And before that I always saved up my pennies in a money box for rainy days.
  • So one of my biggest pet peeves is people who waste lab supply money on things you can make yourself for pennies and only a little bit of work.
  • So I'll be rolling up my pennies - and trust me, there are a lot of pennies to be rolled - and sending the money off to Rachel to support her wonderful project.
1.4(In biblical use) a denarius.
More example sentences
  • Instead of throwing the penny in the miser's face, as others had done, Rabbi Schneur Zalman thanked the man politely and turned to leave.
  • Let the widow give her penny and the laborer his wage.
  • He will preach and say, you might be a rich man and you are without avarice, or you might be a poor person with only a penny in your pocket and you might be avaricious because you desire to be wealthy.
2 [with negative] (a penny) Used for emphasis to denote no money at all: we didn’t get paid a penny
More example sentences
  • As recently as three weeks ago he had not paid back a penny of the money he owes the House of Commons Fees Office (ie the taxpayer), despite his claims last year that he had done so.
  • These groups do not use a penny of government money when they counsel women for whom birth control has failed that abortion is an option.
  • I said it wouldn't require a penny of government money.

Origin

Old English penig, penning, of Germanic origin; related to Dutch penning, German Pfennig, perhaps also to pawn2 and (with reference to shape) pan1.

Phrases

be two (or ten) a penny

chiefly British Be plentiful or easily obtained and consequently of little value.
More example sentences
  • Museums of modern art are two a penny in contemporary-art land.
  • Ghosts, goblins, fairies, sprites seem to be two a penny in Skye.
  • In Europe, cable-cars are almost two a penny, but they are extremely rare in the USA.

pinch (or count or watch, one's) pennies

Be careful about how much one spends: he is pinching pennies to save for a movie she’s been watching her pennies
More example sentences
  • They watch the pennies as you and I would our own money.
  • As my grandmother says, the rich stay that way by watching the pennies.
  • They favor incremental improvements over time and watch the pennies.

in for a penny, in for a pound

Used to express someone’s intention to complete an enterprise once it has been undertaken, however much time, effort, or money this entails.
More example sentences
  • Hey, in for a penny, in for a pound - might as well violate the First Amendment, too, whenever we think it will help things.
  • Hey, in for a penny, in for a pound: I could go from Detroit to San Jose to Chicago.
  • I figured that in for a penny, in for a pound that I could get the book to more people if I went public with it and there is a risk.

look after the pennies and the pounds will look after themselves

proverb If you concentrate on saving small amounts of money, you’ll soon amass a large amount.
More example sentences
  • My old mum used to say to us urchins, ‘look after the pennies and the pounds will look after themselves.'
  • The advice to look after the pennies and the pounds will look after themselves has obviously been taken to heart.
  • One day in school he quoted a proverb that his mother had repeated often: "Look after the pennies and the pounds will look after themselves.

pennies from heaven

Unexpected benefits, especially financial ones.
More example sentences
  • The service costs about 15 cents for each message - a new twist to the concept of pennies from heaven.
  • This album should probably be considered pennies from heaven.
  • These alternate sources of funding can provide crucial cash as long as entrepreneurs know the true costs of accepting what seem to be pennies from heaven.

the penny dropped

informal , chiefly British Used to indicate that someone has finally realized or understood something.
More example sentences
  • Frequently we would find ourselves in situations where we were being delayed for hours on end, until the penny dropped and it finally became clear that the only way to move on was by crossing palms with silver.
  • Finally the penny dropped - the thought of being embarrassed in front of the elite coaches and players of English rugby frightened me to death.
  • Suddenly the penny dropped when some of the more familiar names were just a bit too familiar.

a penny for your thoughts

Used to ask someone what they are thinking about.
More example sentences
  • I haven't heard anyone say that for years - a penny for your thoughts.
  • Next time someone offers you a penny for your thoughts… sell!
  • So, a penny for your thoughts here: what criteria, if any, should be applied in selecting names?

a pretty penny

A considerable amount of money: old Sid charged a pretty penny for his services

spend a penny

see spend.

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