Focus on the pronunciation of penny
English definition of “penny”
/ˈpeni/ noun [C]
› (plural pence, pennies) (also p) abbreviation 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.