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
The high cost of producing pennies is primarily due to the cost of materials. John Yoo and John Shu, Newsweek, 23 Jan. 2025 General Mills, for example, has seen its payout growth slow sharply, rising by just a penny last year! Brett Owens, Forbes, 22 Jan. 2025 Technically, full-year earnings per share guidance missed by a penny at the midpoint. Jim Cramer, CNBC, 22 Jan. 2025 And the 23-year-old came to the U.S. so early that instead of the Brink’s truck Yamamoto commanded, he will be paid pennies on the big-league dollar. Bryce Miller, San Diego Union-Tribune, 17 Jan. 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

Dictionary Entries Near penny

Cite this Entry

“Penny.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/penny. Accessed 31 Jan. 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

Last Updated: - Updated example sentences
Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!