penny bank
- noun
- /ˈpɛni bæŋk/
- 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
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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.
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Children often use a penny bank to save their allowance and learn about money management.
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She decorated her penny bank with stickers to make saving money more fun.
Synonyms
A small container often shaped like a pig for children to save coins
A small bag with a string for holding coins
A small container with a slot on top for keeping coins or paper money
A small container with a slot for saving coins at home
A small container with a slot for keeping coins at home
Surface Forms
Morphology
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.