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a pretty penny (informal) a high price or large amount of money.
new penny the official name of the smaller monetary unit of the United Kingdom and Ireland. (See penny.)
penny ante a poker game in which the bet is limited to a penny or other small amount. [2 definitions]
penny arcade a hall or building, esp. in an amusement park, in which various mechanical games, peep shows, and other entertainment devices may be operated for a small sum.
penny pincher a miserly, stingy person.
penny-wise skilled or careful in small or trivial matters, or matters that concern small amounts of money. (Cf. pound-foolish.)