1 historical an annual tax of one penny from every householder having land of a certain value, paid to the papal see at Rome from Anglo-Saxon times until discontinued in 1534 after Henry VIII’s break with Rome.
2a voluntary payment by Roman Catholics to the papal treasury, made since 1860.
named after St Peter, the first Pope (see Peter, St)
Peter's pence in other Oxford dictionaries
Definition of Peter's pence in the US English dictionary