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1. Money - UK.

One hundredth of a British pound:

= GBP 0.01

= £0.01

2. Money - dollars - US.

Informally, one cent, one hundredth of a dollar:

= USD 0.01

= $0.01

3. Money.

The smallest unit of a number of other currencies.

Often, but not always, one hundredth of the next-largest unit.

4. Coins.

A physical coin representing this value.

Plural, pennies.

See also