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CENT vs PENNY.. What is the correct term?
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<p>[QUOTE="Hommer, post: 2090461, member: 73266"]The British pound was not divided into 100 cents like our dollar, but its smallest part was called a penny, and that's why we call our cent a "penny" today. But for more than one, the British called them "pence" while ours are called "pennies."</p><p><br /></p><p>The British penny was a popular currency in the US untill 1857 when it was demonetized by law in the US.[/QUOTE]</p><p><br /></p>
[QUOTE="Hommer, post: 2090461, member: 73266"]The British pound was not divided into 100 cents like our dollar, but its smallest part was called a penny, and that's why we call our cent a "penny" today. But for more than one, the British called them "pence" while ours are called "pennies." The British penny was a popular currency in the US untill 1857 when it was demonetized by law in the US.[/QUOTE]
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