penny - definition in the Business English Dictionary - Cambridge Dictionaries Online

Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “penny”

See all translations

penny

noun [C]
 
 
/ˈpeni/
( plural pence, pennies) abbreviation ( also p) MONEY the smallest unit of money used in the UK. There are 100 pence in one pound (= the currency of the UK): a 20/50p piece Shares in the rival group are up 7 pence at 638p.
( plural pennies) MONEY in the US and Canada, a cent (= one hundredth of a dollar)
used in expressions to refer to a very small amount of money: We have never taken a penny of aid from federal government. If you pay it back within six months, you won't pay a penny in interest.
(Definition of penny from the Cambridge Business English Dictionary © 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

intellectualize

to think about or discuss a subject in a detailed and intellectual way, without involving your emotions or feelings

Word of the Day

What’s All The Commotion About? (Words to describe sounds)

by Kate Woodford,
May 20, 2015
​​​ In this post we look at a range of words and phrases that we use to describe noise and the absence of noise. Starting with complete quiet, we sometimes use the noun hush to describe silence: A hush fell over the room as the bride walked in./There was a deathly hush (=complete

Read More 

plyscraper noun

May 18, 2015
a skyscraper made mainly from wood The development of engineered timber could herald a new era of eco-friendly ‘plyscrapers’. Christchurch welcomed its first multistorey timber structure this year, there are plans for Vancouver, and the talk is China could follow

Read More