Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “penny”

penny

noun [C] uk   /ˈpen.i/ (plural pence, p or pennies) us  
B1 (abbreviation p) the smallest unit of money in the UK, of which there are 100 in a pound, or a small coin worth this much. You use "pence" or, more informally, "p" when you are talking about the units of money and pennies when you are talking about the coins themselves: Could you lend me 50 pence/50p please? I found a ten/twenty/fifty pence piece (= a coin of this value) on the floor. I keep pennies and other small coins in a jar. in the US and Canada, a cent or a coin of this value (also old penny, abbreviation d) in Britain before 1971, a large coin. There were twelve pennies in a shilling. used when talking about the smallest amount of money possible: Buy a TV now and it won't cost you a penny (= will cost nothing) for three months. It was an expensive meal but worth every penny.
(Definition of penny noun from the Cambridge Advanced Learners Dictionary & Thesaurus © Cambridge University Press)
What is the pronunciation of penny?
Add Cambridge dictionaries to your browser to your website

Definitions of “penny” in other dictionaries

Word of the Day

monster

any imaginary frightening creature, especially one that is large and strange

Word of the Day

What’s that lovely smell?

by Kate Woodford,
October 29, 2014
As adult humans, we can distinguish about 10,000 different smells. It’s no wonder, then, that we have so many words and expressions to describe them. This week we’re taking a look at those smell words – words that describe good smells and words that describe bad smells. Most smell words are either

Read More 

high-frequency trading noun

October 27, 2014
a type of stock market trading that uses very complex technology to trade extremely quickly, often making tiny profits which nevertheless add up to substantial sums Lewis’s book, Flash Boys, is driving a huge amount of attention toward the topic of high frequency trading, and it has rekindled some of

Read More