Penny

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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.

A Law Dictionary, Adapted to the Constitution and Laws of the United States. By John Bouvier. Published 1856.
References in periodicals archive ?
Travellers will watch the pennies not only in the run-up to trips but also while away, responsibletravel.com has forecast.
And as they began to watch the pennies the rich increased their spending on health and wellness and cut costs by avoiding a lot of luxury travel.
Premier League wealth may have allowed a club like Portsmouth to enjoy a training break in Marbella before their win at Preston in the last round but cash-strapped Cardiff - more than pounds 20million in debt - have to watch the pennies.
QAs a pensioner, I have to watch the pennies and have noticed that potting compost varies a lot in price.
I know we have to watch the pennies, but we also need to be able to respond to the problems of society - and that means more money and more police.
"Watch the pennies, the dollars will look after themselves."
With an economic slowdown already under way and shoppers having to watch the pennies after Christmas, stores may have to prepare themselves for a particularly difficult trading period.
We always try to avoid any increase wherever possible because we know many of our readers have to watch the pennies closely these days.