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penny - definition and synonyms

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noun [countable]     penny pronunciation in British English
Word Forms
  1. 1
    a small unit of money in the UK There are 100 pence in one pound

    A local call only costs a few pence.

    Synonyms and related words
    1. a.
      a small coin in the UK worth one penny

      He had saved up a jarful of old pennies.

      Synonyms and related words
  2. 2
    a small coin in the US or Canada worth one cent
    Synonyms and related words
  3. From our crowdsourced Open Dictionary
    pennies on the dollar if something costs pennies on the dollar, its price is much lower than its real value

    At secondhand shops you can buy brand name goods for pennies on the dollar.

    Submitted by Boris Marchenko from Russian Federation on 23/05/2016


a rainbow produced when water droplets in the air reflect light from the moon rather than the sun

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platform capitalism

a way of doing business that involves recruiting large numbers of people who work for themselves using the company's platform, as used by companies such as Uber, Deliveroo and the like

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