HALFPENNY Meaning and
Definition
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A halfpenny is a monetary unit that was historically used in the United Kingdom. It represents one half of a British penny, with the plural form being "halfpence". The halfpenny coin was first minted in the 12th century and remained in circulation until it was demonetized in 1969. It was composed of copper or bronze, and its diameter decreased over time due to changes in its design and composition.
In terms of value, one halfpenny was equal to 1/480th of a pound sterling. However, due to inflation and changes in the economy, the purchasing power of the halfpenny significantly diminished over the years. It was primarily used for small transactions, especially for purchasing items of low value.
The term "halfpenny" is also used metaphorically to denote something of little or nominal value. It can be used in contexts other than currency, such as when referring to a trivial amount of money or an insignificant object. For example, someone may say, "I wouldn't offer a halfpenny for that old broken vase."
Overall, the halfpenny is a former unit of currency that played a significant role in the monetary system of the United Kingdom. Its long history and eventual disappearance from circulation make it a notable part of British currency history.
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A copper coin, the half of a penny.
Etymological and pronouncing dictionary of the English language. By Stormonth, James, Phelp, P. H. Published 1874.
Common Misspellings for HALFPENNY
Etymology of HALFPENNY
The word "halfpenny" derives from Old English, specifically from the words "half" and "pening", which meant "half" and "penny" respectively. "Half" refers to the fraction of a whole, while "pening" comes from the Old English word "penig", meaning a small amount of money or coin. Over time, the words "half" and "pening" were combined to form the term "halfpenny", which remains in use to describe a coin with half the value of a penny.
Similar spelling word for HALFPENNY
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