- A monetary unit equal to1100 of a pound.
- Before 1971, a monetary unit equal to112 of a shilling.
- A coin worth one penny.
A sixpenny nail is larger than a fourpenny nail, but the numbers in their designations do not specify units of length, weight, etc.
To turn an honest penny.
Zach and Ben had only been at college for a week when their door was pennied by the girls down the hall.
- A considerable sum of money:.I paid a pretty penny for that ring.
- A large sum of money.
- To earn money fairly and honestly.