new penny

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Definitions from WordNet

Noun new penny has 1 sense

new penny - a coin used in Great Britain since 1971 worth one hundredth of a pound
--₁ is a kind of penny, cent, centime

Definitions from the Web

New Penny

A 'new penny' refers to a modern British coin worth one hundredth of a pound sterling.

Examples:

Noun: I found a new penny on the street while walking home.
Adjective: The cashier handed me a shiny new penny as change.

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