Penny

A penny is a small monetary unit of currency. In the United States, it represents one cent, and is a copper-plated zinc coin. Pennies are typically used for small transactions and often accumulate in jars or as loose change. The term can also be used figuratively to represent something of very little value or importance. Historically, various countries have used pennies or related denominations, though their value and composition vary.

Penny meaning with examples

• I dropped a penny on the sidewalk. I bent down to pick it up, figuring that even a single cent could be useful. My pocket was empty, and every little bit helps. As a child, I had a piggy bank, and all my loose pennies went inside, accumulating over time, until it was full of cash.
• The price of the candy bar increased by a penny. While it seems like a minuscule change, it could add up over the course of buying many items. It illustrates how subtle financial shifts can impact consumers and the overall budget. The penny is also a physical object used to calculate changes for customers.
• He didn't want to spend a penny on the cheap trinket. He would rather wait and purchase a more valuable item. He understood that true worth transcends the immediacy of a transaction. He wanted to purchase something that would bring him joy. The shop owner smiled at his thriftiness.
• Every penny counts when you are saving for a home. I learned to put aside spare change after paying for groceries to build up a rainy day fund. It's amazing how pennies, nickels, and dimes can quickly become valuable. This practice developed into a vital part of my financial planning.