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

derivative

If something is derivative, it is not the result of new ideas, but has been developed from or copies something else.

Word of the Day

Euphemisms (Words used to Avoid Offending People)

by Kate Woodford,
March 04, 2015
​​​ We recently looked at the language that we use to describe lies and lying. One area of lying that we considered was ‘being slightly dishonest, or not speaking the complete truth’. One reason for not speaking the complete truth is to avoid saying something that might upset or offend people. Words and

Read More 

snapchat verb

March 02, 2015
to send someone a message using the photomessaging application Snapchat We used to have a thing until he got a girlfriend. now

Read More