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1. A fractional monetary unit of Ireland and the United Kingdom; equal to one hundredth of a pound
    
2. A coin worth one-hundredth of the value of the basic unit
   - cent, centime

Sounds like:

Derived forms: pennies, pence

Type of: coin, fractional monetary unit, subunit

Part of: British pound, British pound sterling, GBP, Irish pound, Irish punt, nicker [Brit, informal], pound, pound sterling, punt, quid [UK, informal]

Encyclopedia: Penny, Nicholas