1. A fractional monetary unit of Ireland and the United Kingdom; equal to one hundredth of a pound
   "He searched his pockets for a few pennys to buy a newspaper"
    
2. A coin worth one-hundredth of the value of the basic unit
   "He saved every penny he earned";
   - cent, centime

Sounds like:

Derived forms: pence, pennies

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, Pike County, Kentucky