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penny bank

penny bank

1.7
A small container for keeping coins, often shaped like a pig
  • noun
  • /ˈpɛni bæŋk/
translation icon : hucha
  • For example, a regularly observed activity involved selecting a penny bank from an elaborate classroom collection, lining up and counting out 10 pennies, and depositing the pennies in the bank one at a time.

Examples

  • When asked in an informal interview why the penny banks were an important preliteracy activity, Pat replied:

    Academic text (2007)
  • Every time he finds a coin, he drops it into his penny bank to save for a new toy.

  • Children often use a penny bank to save their allowance and learn about money management.

  • She decorated her penny bank with stickers to make saving money more fun.

Synonyms

piggy bank
vspenny bank
16 1.0

A small container often shaped like a pig for children to save coins

is less exclusively playful and can be any small coin container
moneybag
vspenny bank
5 3.2

A small bag with a string for holding coins

is rigid and more toy-like often used by children for coin saving
money box
vspenny bank
  • UK
1 2.0

A small container with a slot on top for keeping coins or paper money

is often designed for children and sometimes shaped like a toy
coin bank
vspenny bank
1 1.0

A small container with a slot for saving coins at home

is more child-focused and may come in playful shapes
savings bank
vspenny bank
1.7

A small container with a slot for keeping coins at home

is more of a child's playful container and sometimes pig-shaped

Surface Forms

penny bank singular
penny banks plural

Morphology

penny + bank

The compound is transparently composed: 'penny' (a small coin) + 'bank' (a place or container for storing money) yields the straightforward sense of a small savings container for coins. This noun-noun composition follows common cross-linguistic patterns for naming containers or small savings, so a B1 learner who knows both words would readily infer the meaning.

Etymology

Penny bank comes from the simple image of a small container where you drop a penny, a small coin, into a little bank with a slot, often shaped like a pig. That's why penny bank means a small container for keeping coins and 'saving' money.