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
In the season one finale of the comedy, which aired on Aug. 12, 2022, Molly declared plans to give away every penny of her $120 billion divorce settlement from tech tycoon John Novak (Adam Scott) after a publicly embarrassing business blunder. Brande Victorian, The Hollywood Reporter, 4 Apr. 2024 Thames Water Kemble bonds this month dropped below 30 pence on the pound, well into distressed territory, according to prices compiled by Bloomberg. Jessica Shankleman, Fortune Europe, 28 Mar. 2024 Or a new sales tax, possibly as much as a full penny on the dollar in Clay, were a ballpark built in North Kansas City. Mike Hendricks, Kansas City Star, 22 Mar. 2024 Even more troubling are the 3 in 10 Americans over 59 years old who don't have a penny saved for retirement. Aimee Picchi, CBS News, 20 Mar. 2024 In supporting Inclusive Access for pennies on the dollar – University of Arizona-level financial mismanagement? – colleges have once again taken a position that is in their own economic interest and counter to students. Ryan Craig, Forbes, 29 Mar. 2024 But the stock plunged over the next few years, eventually trading for pennies, according to the Washington Post. Aimee Picchi, CBS News, 25 Mar. 2024 That might not seem like a lot for a company that generated about $360 billion in sales last year, but retail is a low-margin business where every penny of profit counts. Jeannette Neumann, Fortune, 20 Mar. 2024 In my club’s penny game, South won the first heart with the king, led a diamond to dummy’s king and let the eight of trumps ride. Frank Stewart, The Mercury News, 18 Mar. 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 16 Apr. 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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