penny penny /ˈpɛni/

noun

1. () A fractional monetary unit of Ireland and the United Kingdom; equal to one hundredth of a pound  ( penny )
   a fractional monetary unit of Ireland and the United Kingdom; equal to one hundredth of a pound
    He found a penny on the ground and made a wish.
   He found a penny on the ground and made a wish.
   
   
2. () A coin worth one-hundredth of the value of the basic unit  ( centime , penny , cent )
   a coin worth one-hundredth of the value of the basic unit
    She handed him a cent as a token of appreciation.
   She handed him a cent as a token of appreciation.