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Penny
(redirected from pinching the pennies)

   Also found in: Dictionary/thesaurus, Financial, Encyclopedia 0.01 sec.

PENNY. The name of an English coin of the value of one-twelfth part of a shilling. While the United States were colonies, each adopted a monetary system composed of pounds, shillings, and pence. The penny varied in value in the different colonies.



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Aldous Huxley (1894-1963) "Canada is a country that can enjoy the umbrella benefits of massive defence spending by the United States while pinching the pennies on its own defence commitments.
Scouring the globe while pinching the pennies is guest reporter Rory McGrath, who takes a trip to Champagne - which costs less than the price of a decent bottle of bubbly.
The only defence is peace" Therese Casgrain "Canada is a country that can enjoy the umbrella benefits of massive defence spending by the United States while pinching the pennies on its own defence commitments.
 
 
 
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