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
Metro Denver continues to struggle with a huge surplus of office space, especially downtown, where the vacancy rate is approaching 40% and empty skyscrapers are selling for pennies on the dollar. Aldo Svaldi, Denver Post, 27 Mar. 2026 Gas prices in the US fell slightly — by a fraction of a penny — for the first time since the war began. Jessie Yeung, CNN Money, 26 Mar. 2026 Payment amounts could be different when multiple items are purchased or depending on the tax rate, but overall, prices more often being rounded up would lead to millions of dollars gained by businesses and lost by consumers collectively, amounting to a few pennies lost per person. Dan Raby, CBS News, 26 Mar. 2026 And here's a story about the lengths some consumers will go to save a few pennies on the gallon at the pump. Daniel De Visé, USA Today, 26 Mar. 2026 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 3 Apr. 2026.

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

Love words? Need even more definitions?

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

More from Merriam-Webster