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
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
Noun
Their right to collect what they’re entitled to based on their contributions is dependent on the system recording those payments and calculating their benefits accurately, to the last penny. Michael Hiltzik, Los Angeles Times, 16 Apr. 2025 Families are already getting squeezed by rising costs for everything from groceries to housing to utilities, and giant corporations institute ever-elaborate strategies and fees to get every last penny from consumers. Alex Jacquez, Mercury News, 15 Apr. 2025 South Florida gas prices are nearly a penny more than a month ago but nearly 55 cents lower than a year ago. Miami Herald Archives, Miami Herald, 14 Apr. 2025 In 1931, the family could only get a penny and a half for a bale of cotton. Charles Bethea, New Yorker, 12 Apr. 2025 See All Example Sentences for penny

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

Browse Nearby Words

Cite this Entry

“Penny.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/penny. Accessed 23 Apr. 2025.

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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