Penny
Noun
UK
/ˈpen.i/
US
/ˈpen.i/
Definition
A small unit of money.
Example
"He found a penny on the ground near the shop."
"The candy was so cheap that it cost only a few pennies."
"Saving every penny can help build better money habits over time."
Explanation
A penny is a very small unit of money. In some countries, it is the lowest-value coin. A penny is often used to talk about small amounts of money. People may say something is cheap if it “costs only a few pennies”. The word is also used in expressions about saving or wasting money. Even though a penny has little value, many pennies together can add up to a larger amount.