Penny

a bronze English coin worth about two cents in United States money. It is the twelfth part of a shilling. Like our cent the face value of the coin is several times the value of the metal in it. The German penny or pfennig is worth one-eighth of an English penny. The penny is worth four farthings British money. The abbreviation d. is from the Roman denarius, a similar coin. The plural of penny is pence. The term penny is used in America also for a cent. The term penny is imbedded in English literature as, "A penny for your thoughts," and "Penny wise and pound foolish."