penny Meaning in the Cambridge English Dictionary Cambridge dictionaries logo
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   /ˈpen.i/  us   /ˈpen.i/ (plural pence , p or pennies)
B1 (plural p, pence or pennies) (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.
(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 large coin. There were twelve pennies in a shilling.
(plural pence or pennies) 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.

expend iconexpend iconMore examples

-pennysuffix

uk   / -pen.i/  us   / -pen.i/ UK
(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 coin worth 1/100th of a dollar; a cent: I keep pennies in a jar.
A penny can also mean the smallest amount of money possible or the total cost of something: Our insurance didn’t cover a penny of our medical bills. It was an expensive meal 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 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

“penny” in British English

“penny” in Business English

That’s fantastic! (Words meaning ‘very good’)
That’s fantastic! (Words meaning ‘very good’)
by ,
May 18, 2016
by Kate Woodford We all need words and phrases for saying that things are good or great – that we find them nice or very nice. This post aims to give you more ways to say that you like, or really like, something. Starting with a very frequent adjective; lovely is used a lot in UK English

Read More 

Word of the Day

parasol

a type of sunshade (= round frame covered in cloth on a stick) carried especially by women in the past, to give protection from the sun

Word of the Day

convo noun
convo noun
May 23, 2016
informal a conversation The convo around concussions mostly focuses on guys who play football, but Chastain thinks that this whole thing could be a headache for women too.

Read More