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English definition of “penny”

penny

noun [C]     /ˈpeni/ (plural pence, p, pennies)
POUND B1 a coin or unit of money with a value of 1/100 of a pound (= UK unit of money); p: There are 100 pence in a pound. fifty pence/50pBritish money
DOLLAR a coin with a value of one US cent ( = 1/100 of a dollar): My dad always let us have his pennies to buy candy.North American money
every penny all of an amount of money: They had spent every penny of their savings.General words for amounts of moneyLarge amounts of moneySmall amounts of money
(Definition of penny noun from the Cambridge Learner's Dictionary © Cambridge University Press)

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