what is a penny
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Penny For other uses, see Pence (disambiguation). A penny is a coin (pl. pennies) or a unit of currency (pl. pence) in various countries. Borrowed from the Carolingian denarius (whence its former abbreviation d.), it is usually the smallest denomination within a currency system. Presently, it is the formal name of the British penny (abbr. p) and the informal name of one American cent (abbr.
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Penny A penny is a coin (pl. pennies) or a unit of currency (pl. pence) used in several English-speaking countries.
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coin Coin definition, a piece of metal stamped and issued by the authority of a government for use as money. See more.
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What is Copper? A penny is made from zinc coated with copper.    Copper is a reddish brown nonferrous mineral which has been used  for thousands of years by many cultures. The metal i…s closely  related with silver and gold, with many properties being shared  among these metals.
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How Much does It Cost to Make a Penny? Top 10 facts about the world. As of 2011, it costs 2.41¢ US (or $0.0241 US Dollars (USD)) to make a penny, making the coin's face value less than its actual value. The cost first exceeded the face value of pennies in 2006. The rising cost of making a penny has led to some serious reconsideration of the composition of the penny at the United States Mint, the government agency responsible for printing money and striking new coinage.
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Translations for penny stock Penny stock Penny stocks, also known as cent stocks in some countries, are common shares of small public companies that trade at low prices per share. In the United States, the SEC defines a penny stock as a security that trades below $5 per share, is not listed on a national exchange, and fails to meet other specific criteria. In the United Kingdom, stocks priced under £1 are called penny shares.
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"What does ""a Penny for Your Thoughts"" Mean?" The saying a penny for your thoughts is an English idiom simply asking people to volunteer their opinions on an issue being discussed. Though no payment actually changes hands, the phrase has become a regular part of the English vernacular.
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- noun, often attributive pen·ny \ˈpe-nē\. : a coin or a unit of money equal to 1/100 of a dollar. : a coin or a unit of money equal to 1/100 of a British pound. : a British coin used before 1971 that was equal to 1/12 of a shilling.
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Definition of coin in English: Definition of coin - a flat disc or piece of metal with an official stamp, used as money Definition of coin - a flat disc or piece of metal with an official stamp, used as money dictionary
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- When you put your dirty pennies in the vinegar and salt, the copper oxide and some of the copper dissolve in the water. That means some copper atoms leave the penny and start floating around in the liquid. But when these copper atoms leave the penny, they leave some of their electrons behind. Rather than having whole copper atoms in the liquid, you've got copper ions, copper atoms that are missing two electrons. These ions are positively charged. Now add two steel nails and a screw to the mixture.
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Penny (Canadian coin) Production of the penny ceased in May 2012, and the Royal Canadian Mint ceased the distribution of them as of February 4, 2013. However, like all discontinued currency in the Canadian monetary system, the coin remains legal tender.
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A Brief History of the U.S. Cent The word penny is derived from the original British coin of the same name. Over 300 billion one-cent coins, with 11 different designs, have been minted since 1787. The first one-cent coin was struck in 1787 by a private mint.This coin, known as the Fugio cent, was 100% copper and this composition would continue until the mid-1800's. Paul Revere, a noted blacksmith, supplied some of the copper for one-cent coins minted during the early 1790's.he word penny is derived from the original British coin of the same name. Over 300 billion one-cent coins, with 11 different designs, have been minted since 1787. The first one-cent coin was struck in 1787 by a private mint.
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- A penny is a British coin worth 1/100 of a pound sterling,  about 1.5 U.S. cents as of 05/2016.    Because of historic ties to England, the lowest-denomination coin  …used in the US is called a penny in common usage, but the formal  name is cent. The US Mint has never made a coin officially  called a penny.
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- Investing in penny stocks is one of the riskier behaviors that traders and investors may engage in within the greater stock market. Experts define penny stocks as stocks with a share price under a certain amount, usually under $1 per share.
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Penny The British penny remained a silver coin until the expense of the Napoleonic Wars prompted the use of base metals in 1797. Despite the decimalization of currencies in the United States and, later, throughout the British Commonwealth, the name remains in informal use.
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Who invented the penny? No one person invented the penny. Instead, the Romans imitated the Greeks by minting the silver denarius, which evolved in various forms into the Anglo-Saxon Sceat which were small, thick silver coins.
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- The name of the bicycle comes from two low-value historical British coins: the penny, a large, heavy round coin, and a farthing (worth a quarter penny), a much smaller and lighter round coin.
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What is a 'Penny Stock' A penny stock typically trades outside of the major market exchanges at a relatively low price and has a small market capitalization.
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- Ha’penny: A coin worth 1/2 of a penny Farthing: A coin worth 1/4 of a penny Mite: A coin worth 1/8 of a penny . American readers wonder about monetary equivalents, such as the answer to the question: “O.K. just how much money would Mr. Darcy’s £10,000 a year be worth in today’s U.S. dollars?”
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TWO-A-PENNY Dictionary entry overview: What does two-a-penny mean? • TWO-A-PENNY (adjective) The adjective TWO-A-PENNY has 1 sense: 1. of trifling worth Familiarity information: TWO-A-PENNY used as an adjective is very rare.
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- Full Definition of DIME. 1. a: a coin of the United States worth 1⁄10 dollar b: a petty sum of money. 2. : a Canadian 10-cent piece.
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Who invented a penny? The one-cent coin, commonly known as the penny, was the first currency of any type authorized by the United States. The design for the first one-cent coin was suggested by Benjamin Franklin. The counterpart. The word penny is derived from the British coin pence.
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Farthing (British coin) There were four farthings in a penny, 12 pence made a shilling, and 20 shillings made a pound. Values less than a pound were usually written in terms of shillings and pence, e.g. three shillings and six pence (3/6), pronounced three and six or three and sixpence.
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pence noun, British. 1. a plural of penny; used in referring to a sum of money rather than to the coins themselves (often used in combination): sixpence; The fare was 15 pence. Origin of pence.
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Penny A penny is a coin or a unit of currency in various countries. Borrowed from the Carolingian denarius, it is usually the smallest denomination within a currency system. Presently, it is the formal name of the British penny and the informal name of one American cent as well as the informal Irish designation of 1 cent euro coin. It is the informal name of the cent unit of account in Canada, although one cent coins are no longer minted there. The name is also used in reference to various historical