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Penny for Dummies

noun

pronunciation: 'pɛni

What does Penny really mean?

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Penny is a word that refers to a small unit of currency in several countries. It can be thought of as a little piece of metal or round coin that people use to buy things. Similar to how you might use marbles or game tokens to play games, people use pennies to trade for items they want or need. Wouldn't it be fun to have a jar full of marbles or game tokens and get to use them whenever you wanted? Well, think of a penny as a small, special kind of token that people use to buy everyday things like candy, toys, or even save up to buy bigger things.

In some countries, "penny" is the basic unit of money, which means it is the smallest amount you can have. For example, in the United States, one penny is equal to one cent. Just like how there are 100 cents in a dollar, there are 100 pennies in one dollar. Imagine you had a dollar and you gave away 50 pennies to your friend. How many pennies would you have left? That's right, you would have 50 pennies left! Sometimes, people have jars or piggy banks where they collect all their pennies and watch them add up over time. It's like a fun game to see how many pennies you can save.

Now, let's think about something else. Have you ever played a board game where you have to move your game piece around a board? Sometimes, you have to land on or pass a certain spot to earn or get more money, right? Well, in some board games, there is a spot called "Free Parking" or "Penny Pot" where you can collect extra money. This extra money is often represented by a token or small piece that looks just like a penny, but it's not a real penny. It's like pretend money within the game, a special way to reward players or make the game more interesting.

So, in summary, the word "penny" can mean a small piece of metal or round coin that people use as money in different countries. It can also represent the smallest unit of currency. Just like how you use marbles or game tokens to trade for things in games, people use pennies to buy everyday items. Additionally, in some board games, there may be special spots where you can collect pretend pennies to earn extra money.


Revised and Fact checked by James Thompson on 2023-10-29 19:59:17

Penny In a sentece

Learn how to use Penny inside a sentece

  • When you go to the store, you can use a penny to buy a piece of candy.
  • If you save one penny every day, in a year you will have 365 pennies.
  • You can use a penny to scratch a scratch-off lottery ticket and see if you win a prize.
  • If you find a penny on the ground, you can pick it up and add it to your piggy bank.
  • You can use a penny to make a wish by throwing it into a fountain.

Penny Synonyms

Words that can be interchanged for the original word in the same context.

cent centime

Penny Hypernyms

Words that are more generic than the original word.

coin fractional monetary unit subunit

Penny Hyponyms

Words that are more specific than the original word.

copper new penny

Penny Holonyms

The larger whole to which this word belongs.

british pound british pound sterling irish pound irish punt pound pound sterling punt quid