PEN'NY, n. plu. pennies or pence. Pennies denotes the number of coins; pence the amount of pennies in value.
1. An ancient English silver coin; but now an imaginary money of account, twelve of which are equal to a shilling. It is the radical denomination from which English coin is numbered.2. In ancient English statutes, any or all silver money.3. Proverbially, a small sum. He will not lend a penny.4. Money in general. Be sure to turn the penny.