penny Meaning in the Cambridge English Dictionary
Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

Meaning of “penny” in the English Dictionary

"penny" in British English

See all translations

pennynoun [C]

uk   us   /ˈpen.i/ (plural pence , p or pennies)
B1 (plural p, pence or pennies) (abbreviation p) the ​smallestunit of ​money in the UK, of which there are 100 in a ​pound, or a ​smallcoinworth 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 ​smallcoins in a ​jar. (plural pennies) in the US and Canada, a cent or a ​coin of this ​value (plural pence or pennies) (also old penny, abbreviation d) in the UK before 1971, a ​largecoin. There were twelve pennies in a shilling . (plural pence or pennies) used when ​talking about the ​smallestamount of ​moneypossible: Buy a TV now and it won't ​cost you a penny (= will ​cost nothing) for three ​months. It was an ​expensivemeal but ​worth every penny.
More examples

-pennysuffix

uk   us   /-pə.ni/ UK
used in the past with ​numbers to show how many ​pence something ​cost: a fourpenny ice-cream
(Definition of penny from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"penny" in American English

See all translations

pennynoun [C]

 us   /ˈpen·i/
in the US and Canada, a ​coinworth 1/100th of a ​dollar; a ​cent: I ​keep pennies in a ​jar. A penny can also ​mean the ​smallestamount of ​moneypossible or the ​totalcost of something: Our ​insurance didn’t ​cover a penny of ​ourmedicalbills. It was an ​expensivemeal but ​worth every penny.
(Definition of penny from the Cambridge Academic Content Dictionary © Cambridge University Press)

"penny" in Business English

See all translations

pennynoun [C]

uk   us   /ˈpeni/
(plural pence, pennies) abbreviation (also p) MONEY the ​smallestunit 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 ​rivalgroup 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 ​smallamount of ​money: We have never taken a penny of ​aid from ​federalgovernment. 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
Word of the Day

harvest

to pick and collect crops, or to collect plants, animals, or fish to eat

Word of the Day

Meerkat meme
Meerkat meme
by Colin McIntosh,
September 03, 2015
Meerkats are not new to popular culture (they appear in the folk tales of the San people of the Kalahari), but their arrival in the public’s consciousness, at least in the UK and the US, is a relatively recent phenomenon. Meerkats are small, sociable Southern African mammals that live in large family

Read More 

parklet noun
parklet noun
August 31, 2015
a public outdoor space that may be associated with a local business but where anyone can sit Pop-up cafes in NY are what’s actually called parklets in many other places around the country.

Read More