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Pennyworth
or Penoth. A small quantity, as much as can be bought
for a penny. Butler says, “This was the penoth of his thought” (Hudibras, ii. 3), meaning that its scope or amount was extremely
small.
He has got his pennyworth.
He has got due value for his money. To turn an honest penny. To earn a little money by working for it.
Source: Dictionary of Phrase and Fable, E. Cobham Brewer, 1894 More on Pennyworth from Infoplease:
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