Pence is the plural of penny, the basic unit of money in the United Kingdom and various other former British colonies. It represents the monetary value of one-hundredth of a pound sterling. pence are used to denote the value of smaller transactions, items, or quantities where the use of pounds would be impractical or create a value that is too rounded. In the context of budgeting or accounting, the use of pence allows for precision and detail. It's crucial to recognize pence when dealing with UK currency and financial transactions.
Pence meaning with examples
- The shopkeeper informed me that a loaf of bread cost 95 pence. I checked my purse and realized I had enough for the bread, feeling relieved. I quickly gave the shopkeeper the correct change and left, bread in hand. That felt great, not needing a higher bill. I was ready for my breakfast toast.
- The bus fare to the city center was 250 pence, which was a bit expensive for a short ride. Considering this high cost, I considered other forms of travel like a cheaper option. Ultimately, I paid the fare as I had a critical appointment. Next time, I will research other, better options.
- He meticulously calculated that he had saved 780 pence from selling his old books online. He was planning to put the money towards a new game that was advertised. The next day, he went and saw the price had gone up. Then, he decided on getting a less expensive game.
- The government announced a small tax increase of 2 pence per litre of petrol to fund new environmental initiatives. This seemed like a great change for a better future. It would improve air quality over time. The increase was felt by motorists during each fill up.
Pence Crossword Answers
7 Letters
COPPERS